Macroeconomic Policy Challenges and Choices in a Time of Crises

Allen Sinai

Challenge, 2009, vol. 52, issue 4, pages 53-93

Abstract: In this second part of his comprehensive analysis, econometrician Allen Sinai provides an updated primer on the benefits of fiscal stimulus after a long period in which Keynesian policies have been neglected. He then analyzes the likely impact of the Obama stimulus plan along with Federal Reserve policies. Not all agree, of course, but it is possible, Sinai argues, that the economy will recover this year.

Date: 2009

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