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Fighting downturns with fiscal policy

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Author Info
Sylvain Leduc

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Abstract

Should fiscal policy be used to fight recessions? This Economic Letter examines some recent empirical studies analyzing data on the relative effects of higher spending and lower taxes on output.

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Publisher Info
Article provided by Federal Reserve Bank of San Francisco in its journal FRBSF Economic Letter.

Volume (Year): (2009)
Issue (Month): Jun 19 ()
Pages:
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Handle: RePEc:fip:fedfel:y:2009:i:jun19:n:2009-20

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Related research
Keywords: Recessions ; Fiscal policy;

References listed on IDEAS
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  1. John F. Cogan & Tobias Cwik & John B. Taylor & Volker Wieland, 2009. "New Keynesian versus Old Keynesian Government Spending Multipliers," Working Paper Series 1090, European Central Bank. [Downloadable!]
  2. John F. Cogan & Tobias Cwik & John B. Taylor & Volker Wieland, 2009. "New Keynesian versus Old Keynesian Government Spending Multipliers," NBER Working Papers 14782, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  3. Olivier Blanchard & Roberto Perotti, 2002. "An Empirical Characterization Of The Dynamic Effects Of Changes In Government Spending And Taxes On Output," The Quarterly Journal of Economics, MIT Press, vol. 117(4), pages 1329-1368, November. [Downloadable!] (restricted)
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This page was last updated on 2009-11-18.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.