Now showing items 1-2 of 2

    • Fiscal Policy in an Unemployment Crisis 

      Pontus Rendahl (Department of Applied Economics, 2014-04-29)
    • Fiscal Policy in an Unemployment Crisis 

      Rendahl, Pontus (Faculty of Economics, University of Cambridge, UK, 2012-02-28)
      This paper argues that the effectiveness of fiscal policy may increase markedly during periods of low nominal interest rates and high, persistent, unemployment. An increase in government spending boosts economic activity ...