English, Article, Journal or magazine article edition: Rethinking the Role of Fiscal Policy Martin S. Feldstein

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Bookmark: http://trove.nla.gov.au/version/141096
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Rethinking the Role of Fiscal Policy
Author
  • Martin S. Feldstein
Physical Description
  • preprint
Notes
  • As recently as two years ago there was a widespread consensus among economists that fiscal policy is not useful as a countercyclical instrument. Now governments in Washington and around the world are developing massive fiscal stimulus packages, supported by a wide range of economists in universities, governments, and businesses. Why has this change occurred? What are the principles for designing a potentially useful fiscal stimulus? And what will happen if the current fiscal stimulus fails?
  • RePEc:nbr:nberwo:14684
Language
  • English
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