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Macroeconomic Policy Challenges and Choices in a Time of Crises

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  • Allen Sinai

Abstract

In this second part of his comprehensive analysis, econometrician Allen Sinai provides an updated primer on the benefits of fiscal stimulus after a long period in which Keynesian policies have been neglected. He then analyzes the likely impact of the Obama stimulus plan along with Federal Reserve policies. Not all agree, of course, but it is possible, Sinai argues, that the economy will recover this year.

Suggested Citation

  • Allen Sinai, 2009. "Macroeconomic Policy Challenges and Choices in a Time of Crises," Challenge, Taylor & Francis Journals, vol. 52(4), pages 53-93.
  • Handle: RePEc:mes:challe:v:52:y:2009:i:4:p:53-93
    DOI: 10.2753/0577-5132520405
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    Cited by:

    1. Habiyaremye, Alexis & Jacobs, Peter & Molewa, Olebogeng & Lekomanyane, Pelontle, 2021. "Macroeconomic stimulus packages and income inequality in developing countries: Lessons from the 2007-9 Great Recession for the Covid-19 crisis in South Africa," MERIT Working Papers 2021-006, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    2. Alexis Habiyaremye & Olebogeng Molewa & Pelontle Lekomanyane, 2022. "Estimating Employment Gains of the Proposed Infrastructure Stimulus Plan in Post-Covid-19 South Africa," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(1), pages 540-567, February.

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