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Did Fiscal Stimulus Counter Recession? Evidence from the National Accounts

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  • Anthony J. Makin

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  • Anthony J. Makin, 2010. "Did Fiscal Stimulus Counter Recession? Evidence from the National Accounts," Discussion Papers in Economics economics:201008, Griffith University, Department of Accounting, Finance and Economics.
    • Handle: RePEc:gri:epaper:economics:201008
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    File URL: https://research-repository.griffith.edu.au/bitstream/handle/10072/390397/2010-08-did-fiscal-stimulus-counter-recession-evidence-from-the-national-accounts.pdf
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    References listed on IDEAS

    as
    1. Galí, Jordi & Perotti, Roberto, 2003. "Fiscal Policy and Monetary Integration in Europe," CEPR Discussion Papers 3933, C.E.P.R. Discussion Papers.
    2. Jordi Galí & Roberto Perotti, 2003. "Fiscal policy and monetary integration in Europe [‘Consumption smoothing through fiscal policy in OECD and EU countries’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 18(37), pages 533-572.
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    Citations

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    Cited by:

    1. Ross Guest & Anthony J. Makin, 2011. "In the Long Run, the Multiplier is Dead: Lessons from a Simulation," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 18(1), pages 13-22.
    2. Shuyun May Li & Adam Hal Spencer, 2016. "Effectiveness of the Australian Fiscal Stimulus Package: A DSGE Analysis," The Economic Record, The Economic Society of Australia, vol. 92(296), pages 94-120, March.
    3. Tony McDonald & Steven Morling, 2011. "The Australian economy and the global downturn, Part 1: Reasons for resilience," Economic Roundup, The Treasury, Australian Government, issue 2, pages 1-31, September.
    4. Makin, Anthony J. & Layton, Allan, 2021. "The global fiscal response to COVID-19: Risks and repercussions," Economic Analysis and Policy, Elsevier, vol. 69(C), pages 340-349.
    5. Nicolaas Groenewold, 2012. "Australia and the GFC: Saved by Astute Fiscal Policy?," Economics Discussion / Working Papers 12-28, The University of Western Australia, Department of Economics.
    6. Bruno Martorano, 2015. "Lessons from the recent economic crisis: the Australian household stimulus package," International Review of Applied Economics, Taylor & Francis Journals, vol. 29(3), pages 309-327, May.
    7. Creina Day, 2011. "China's Fiscal Stimulus and the Recession Australia Never Had: Is a Growth Slowdown Now Inevitable?," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 18(1), pages 23-34.
    8. Nicolaas Groenewold, 2018. "China's ‘New Normal’: How will China's Growth Slowdown Affect Australia's Growth?," Australian Economic Papers, Wiley Blackwell, vol. 57(4), pages 435-445, December.
    9. Makin, Anthony J., 2019. "Lessons for macroeconomic policy from the Global Financial Crisis," Economic Analysis and Policy, Elsevier, vol. 64(C), pages 13-25.
    10. Groenewold, Nicolaas, 2018. "Australia saved from the financial crisis by policy or by exports?," Journal of Policy Modeling, Elsevier, vol. 40(1), pages 118-135.
    11. Nicolaas Groenewold, 2017. "China’s ‘New Normal’: How will China’s growth slowdown affect Australia’s growth?," Economics Discussion / Working Papers 17-19, The University of Western Australia, Department of Economics.

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    More about this item

    Keywords

    GFC; Fiscal stimulus; GDP; Recession;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

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