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Just Released: Does Transportation Spending Make Good Stimulus?

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Abstract

On January 14, the Transportation Research Board, an arm of the National Research Council, released a new report, Transportation Investments in Response to Economic Downturns. The report is intended to provide guidance on three important and related policy questions:?If the federal government undertakes a future stimulus program, should transportation spending be part of that package??If so, how should the transportation spending be structured and managed??Should established transportation programs be modified to make transportation spending more useful as economic stimulus?

Suggested Citation

  • Andrew F. Haughwout & Therese McGuire & Joseph Morris, 2014. "Just Released: Does Transportation Spending Make Good Stimulus?," Liberty Street Economics 20140218a, Federal Reserve Bank of New York.
  • Handle: RePEc:fip:fednls:86924
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    File URL: https://libertystreeteconomics.newyorkfed.org/2014/02/just-released-does-transportation-spending-make-good-stimulus.html
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    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • H00 - Public Economics - - General - - - General

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