Fighting downturns with fiscal policy

Sylvain Leduc

FRBSF Economic Letter, 2009, issue jun19

Abstract: Should fiscal policy be used to fight recessions? This Economic Letter examines some recent empirical studies analyzing data on the relative effects of higher spending and lower taxes on output.

Keywords: Fiscal policy; Recessions (search for similar items in EconPapers)
Date: 2009
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