U.S. Government Deficits and Debt Amid the Great Recession: What the Evidence Shows
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Congressional Budget Office, 2010. "The Long-Term Budget Outlook," Reports 21546, Congressional Budget Office.
- Robert Pollin, 2010. "Austerity Is Not a Solution," Challenge, Taylor & Francis Journals, vol. 53(6), pages 6-36.
- Barro, Robert J, 1981.
"Output Effects of Government Purchases,"
Journal of Political Economy, University of Chicago Press, vol. 89(6), pages 1086-1121, December.
- Robert J. Barro, 1980. "Output Effects of Government Purchases," NBER Working Papers 0432, National Bureau of Economic Research, Inc.
- Barro, Robert J., 1981. "Output Effects of Government Purchases," Scholarly Articles 3451294, Harvard University Department of Economics.
- Robert Pollin & James Heintz & Heidi Garrett-Peltier, 2009. "How Infrastructure Investments Support the U.S. Economy," Published Studies peri_infrastructure_inves, Political Economy Research Institute, University of Massachusetts at Amherst.
- Mr. Jaewoo Lee & Mr. Douglas Laxton & Mr. Michael Kumhof & Charles Freedman, 2009. "The Case for Global Fiscal Stimulus," IMF Staff Position Notes 2009/003, International Monetary Fund.
- Robert Pollin & Dean Baker & Marc Schaberg, 2003.
"Securities Transaction Taxes for U.S. Financial Markets,"
Eastern Economic Journal, Eastern Economic Association, vol. 29(4), pages 527-558, Fall.
- Marc Schaberg & Dean Baker & Robert Pollin, 2002. "Securities Transaction Taxes for U.S. Financial Markets," Working Papers wp20, Political Economy Research Institute, University of Massachusetts at Amherst.
- repec:cbo:report:215461 is not listed on IDEAS
- Olivier Blanchard & Roberto Perotti, 2002.
"An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(4), pages 1329-1368.
- Olivier Blanchard & Roberto Perotti, 1999. "An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output," NBER Working Papers 7269, National Bureau of Economic Research, Inc.
- Barro Robert J, 2009. "Demand Side Voodoo Economics," The Economists' Voice, De Gruyter, vol. 6(2), pages 1-4, February.
- Lawrance L. Evans Jr., 2003. "Why the Bubble Burst," Books, Edward Elgar Publishing, number 2808, March.
- Robert Pollin, 2010. "Austerity is Not a Solution: Why the Deficit Hawks are Wrong," Working Papers wp235, Political Economy Research Institute, University of Massachusetts at Amherst.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Mosley, Max, 2021. "The importance of being earners: Modelling the implications of changes to welfare contributions on macroeconomic recovery," MPRA Paper 108620, University Library of Munich, Germany.
- Robert Pollin & James Heintz, 2013. "Study of U.S. Financial System," FESSUD studies fstudy10, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
- Valerie A. Ramey, 2019.
"Ten Years after the Financial Crisis: What Have We Learned from the Renaissance in Fiscal Research?,"
Journal of Economic Perspectives, American Economic Association, vol. 33(2), pages 89-114, Spring.
- Ramey, Valerie A, 2019. "Ten Years After the Financial Crisis: What Have We Learned from the Renaissance in Fiscal Research?," University of California at San Diego, Economics Working Paper Series qt6cd687wc, Department of Economics, UC San Diego.
- Valerie A. Ramey, 2019. "Ten Years after the Financial Crisis: What Have We Learned from the Renaissance in Fiscal Research?," NBER Working Papers 25531, National Bureau of Economic Research, Inc.
- Sheremirov, Viacheslav & Spirovska, Sandra, 2022.
"Fiscal multipliers in advanced and developing countries: Evidence from military spending,"
Journal of Public Economics, Elsevier, vol. 208(C).
- Viacheslav Sheremirov & Sandra Spirovska, 2019. "Fiscal multipliers in advanced and developing countries: evidence from military spending," Working Papers 19-3, Federal Reserve Bank of Boston.
- Hafedh Bouakez & Nooman Rebei, 2007.
"Why does private consumption rise after a government spending shock?,"
Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 40(3), pages 954-979, August.
- Hafedh Bouakez & Nooman Rebei, 2007. "Why does private consumption rise after a government spending shock?," Canadian Journal of Economics, Canadian Economics Association, vol. 40(3), pages 954-979, August.
- Hafedh Bouakez & Nooman Rebei, 2003. "Why Does Private Consumption Rise After a Government Spending Shock?," Staff Working Papers 03-43, Bank of Canada.
- Nooman Rebei & Hafedh Bouakez, 2004. "Why Does Private Consumption Rise After a Government Spending Shock?," Computing in Economics and Finance 2004 20, Society for Computational Economics.
- Nooman Rebei & Hafedh Bouakez, 2004. "Why Does Private Consumption Rise After a Government Spending Shock?," Econometric Society 2004 North American Summer Meetings 417, Econometric Society.
- Jorge Puig, 2014.
"Multiplicador del gasto público en Argentina,"
Económica, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata, vol. 60, pages 188-210, January-D.
- Jorge Puig, 2014. "Multiplicador del gasto público en Argentina," Económica, Instituto de Investigaciones Económicas, Facultad de Ciencias Económicas, Universidad Nacional de La Plata, vol. 60, pages 188-210, January-D.
- Jose Tavares & Rossen Valkanov, 2001. "The neglected effect of fiscal policy on stock and bond returns," Nova SBE Working Paper Series wp413, Universidade Nova de Lisboa, Nova School of Business and Economics.
- Robert J. Barro & Charles J. Redlick, 2011.
"Macroeconomic Effects From Government Purchases and Taxes,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 126(1), pages 51-102.
- Robert J. Barro & Charles J. Redlick, 2009. "Macroeconomic Effects from Government Purchases and Taxes," NBER Working Papers 15369, National Bureau of Economic Research, Inc.
- Robert Barro, 2011. "Macroeconomic Effects from Government Purchases and Taxes," Annual Meeting Plenary 2011-1, Society for Economic Dynamics.
- Barro, Robert J. & Redlick, Charles J., 2010. "Macroeconomic Effects from Government Purchases and Taxes," ADB Economics Working Paper Series 232, Asian Development Bank.
- Carlson Mark A & King Thomas & Lewis Kurt, 2011.
"Distress in the Financial Sector and Economic Activity,"
The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 11(1), pages 1-31, June.
- Mark A. Carlson & Thomas B. King & Kurt F. Lewis, 2008. "Distress in the financial sector and economic activity," Finance and Economics Discussion Series 2008-43, Board of Governors of the Federal Reserve System (U.S.).
- Mark A. Carlson & Thomas B. King & Kurt F. Lewis, 2009. "Distress in the financial sector and economic activity," Finance and Economics Discussion Series 2009-01, Board of Governors of the Federal Reserve System (U.S.).
- Syed Kamran Abbas NAQVI* & Syed Faizan IFTIKHAR** & Asghar ALI**, 2019. "The Value of Fiscal Multiplier and Economic Characteristics of Countries," Pakistan Journal of Applied Economics, Applied Economics Research Centre, vol. 29(2), pages 291-311.
- Carlos De Resende & René Lalonde & Stephen Snudden, 2010. "The Power of Many: Assessing the Economic Impact of the Global Fiscal Stimulus," Discussion Papers 10-1, Bank of Canada.
- Jooste, Charl & Liu, Guangling (Dave) & Naraidoo, Ruthira, 2013.
"Analysing the effects of fiscal policy shocks in the South African economy,"
Economic Modelling, Elsevier, vol. 32(C), pages 215-224.
- Charl Jooste & Guangling Dave Liu & Ruthira Naraidoo, 2012. "Analysing the Effects of Fiscal Policy Shocks in the South African Economy," Working Papers 201206, University of Pretoria, Department of Economics.
- Charl Jooste & Guangling Dave Liu & Ruthira Naraidoo, 2013. "Analysing the Effects of Fiscal Policy Shocks in the South African Economy," Working Papers 351, Economic Research Southern Africa.
- Abdul Jalil, 2021. "Austerity: Which Way Now?," PIDE Knowledge Brief 2021:21, Pakistan Institute of Development Economics.
- Valerie A. Ramey, 2020.
"The Macroeconomic Consequences of Infrastructure Investment,"
NBER Chapters, in: Economic Analysis and Infrastructure Investment, pages 219-268,
National Bureau of Economic Research, Inc.
- Valerie A. Ramey, 2020. "The Macroeconomic Consequences of Infrastructure Investment," NBER Working Papers 27625, National Bureau of Economic Research, Inc.
- Ramey, Valerie, 2021. "The Macroeconomic Consequences of Infrastructure Investment," CEPR Discussion Papers 15998, C.E.P.R. Discussion Papers.
- Angeletos, George-Marios & Panousi, Vasia, 2009. "Revisiting the supply side effects of government spending," Journal of Monetary Economics, Elsevier, vol. 56(2), pages 137-153, March.
- Aart Kraay, 2012.
"How large is the Government Spending Multiplier? Evidence from World Bank Lending,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 127(2), pages 829-887.
- Kraay, Aart, 2010. "How large is the government spending multiplier ? evidence from World Bank lending," Policy Research Working Paper Series 5500, The World Bank.
- Robert Pollin, 2010. "Austerity Is Not a Solution," Challenge, Taylor & Francis Journals, vol. 53(6), pages 6-36.
- Ramey, V.A., 2016.
"Macroeconomic Shocks and Their Propagation,"
Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 71-162,
Elsevier.
- Ramey, VA, 2016. "Macroeconomic Shocks and Their Propagation," University of California at San Diego, Economics Working Paper Series qt5mb353t2, Department of Economics, UC San Diego.
- Valerie A. Ramey, 2016. "Macroeconomic Shocks and Their Propagation," NBER Working Papers 21978, National Bureau of Economic Research, Inc.
- Moneta, Alessio & Pallante, Gianluca, 2022.
"Identification of Structural VAR Models via Independent Component Analysis: A Performance Evaluation Study,"
Journal of Economic Dynamics and Control, Elsevier, vol. 144(C).
- Alessio Moneta & Gianluca Pallante, 2020. "Identification of Structural VAR Models via Independent Component Analysis: A Performance Evaluation Study," LEM Papers Series 2020/24, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Kuckuck, Jan & Westermann, Frank, 2014.
"On the size of fiscal multipliers: A counterfactual analysis,"
Economics Letters, Elsevier, vol. 123(1), pages 26-32.
- Jan Kuckuck & Frank Westermann, 2013. "On the Size of Fiscal Multipliers: A Counterfactual Analysis," IEER Working Papers 96, Institute of Empirical Economic Research, Osnabrueck University.
More about this item
JEL classification:
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
- E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:uma:periwp:wp263. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Judy Fogg The email address of this maintainer does not seem to be valid anymore. Please ask Judy Fogg to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/permaus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.