Do Stimulus Packages Work?

Colin Read
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Colin Read: SUNY College at Plattsburgh

Chapter 26 in Global Financial Meltdown, 2009, pp 201-206 from Palgrave Macmillan

Abstract: Abstract Of course, while the President’s inaugural words in 1933 were words the nation needed, it was only the first volley in the war against recession and depression. What followed the Emergency Banking Act of 1933 was a series of initiatives designed to stimulate the economy. The question remains, though — do Keynesian fiscal stimulus policies work?

Keywords: Monetary Policy; Fiscal Policy; Federal Reserve; Defense Spending; Federal Spending (search for similar items in EconPapers)
Date: 2009
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DOI: 10.1057/9780230595187_26

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