PofoliaShared via Pofolia

American Economic Journal Economic Policy· 2012Q1

Measuring the Output Responses to Fiscal Policy

Alan J. Auerbach, Yuriy Gorodnichenko

Short summary

Fiscal policy is significantly more effective in recessions than expansions, with military spending showing the largest multiplier effect.

AI-generated from the title and abstract; the full text is not read.

TakeawaysIn the app
Key pointsIn the app
Ask the paperIn the app

The rest is in the Pofolia app

Takeaways, key points and questions to the paper; new summaries every day for your field. Free.

Sign in on the web to open

Field: General Economics, Econometrics and Finance

General Economics, Econometrics and FinanceEconomics, Econometrics and Finance