Rethinking the Role of Fiscal Policy

By Martin Feldstein. 2009

145 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Political Science and International Relations

View Paper: https://www.semanticscholar.org/paper/ca06cb3848ca4f2bceab10456ff7cea62f3abde9

Citations in the corpus

• Fiscal Policy in an Expectations-Driven Liquidity Trap (2014, unknown): “Our results instead favor the policy recommendations of others, such as Bils and Klenow (2008), Hall and Woodward (2008) or Feldstein (2009) who have proposed tax cuts to counter the recession.”
• A Vicious Cycle of Manias, Crashes and Asymmetric Policy Responses - An Overinvestment View (2011, unknown): “To counteract the crisis, governments around the world slashed interest rates and set up large fiscal stimulus packages when the effectiveness of monetary policy reached its limits (Feldstein 2009). We argue that the US housing market bubble was not the outcome of a random financial market shock, wi”
• Financial Crises: Explanations, Types, and Implications (2013, unknown): “As the global crisis unfolded, those countries that had experienced the greatest increases in equity and house prices during the boom found themselves most vulnerable (see Feldstein, 2009, and Teslik, 2009).”