The Limits of Monetary and Fiscal Policy
AbstractTwo rounds of fiscal stimulus have produced neither a sustained rise in growth nor a sustained drop in the unemployment rate. Another round would merely increase deficits and debt levels.
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Bibliographic InfoPaper provided by American Enterprise Institute in its series Working Papers with number 31208.
Date of creation: Jul 2011
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rate; policy; Outlook; monetary; makin; limits; levels; John Makin Economic Outlook; John; inflation; fiscal; Economic outlook; economic; deflation; deficits; debt; consolidation; bernanke; FOMC; unemployment;
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