3

economistsview.typepad.com - 12/11/2008

Woodward and Hall: Measuring the Effect of Infrastructure Spending on GDP

— economistsview.typepad.com — Susan Woodward and Bob Hall say the multiplier for infrastructure spending is likely to be around 1.0:... Measuring the Effect of Infrastructure Spending on GDP, Woodward and Hall : The Obama administration’s focus on infrastructure spending ... (more) Woodward and Hall: Measuring the Effect of ...

Government

Gross Domestic Product

Comments vote downundo vote up naked capitalism found this 12/11/2008found this

3

woodwardhall.wordpress.com - 12/8/2008

Options for Stimulating the Economy

— woodwardhall.wordpress.com — We foresee a mixture of stimulus policies for the coming year. Monetary policy can only a small... further contribution. Income-tax rebates seem to have little support and would probably have relatively small effects within the year, with undesirable ... (more) Options for Stimulating the Economy

Government

Comments vote downundo vote up Economist's View found this 12/8/2008found this

Leave a Comment

Portable fiscal policy question multi-pak
Marginal Revolution — ... If the answer to #1 is no, proceed if you can either answer "yes" to #1 or if you can answer "yes" to #2, 3, and 4 all together.  On related issues, here is a very good piece by Hall and Woodward. ...

Zombie infrastructure
winterspeak.com — ... Fast forward to 2008, aggregate demand is falling, and the Government wants to run deficits to boost it. So, academic economists, who have never had to make a payroll never mind handle a shovel, dust off their old copies of the General Theory, and parrot back "infrastructure spending". "Infrastructure spending" has become this talismanic utterance, bested only by the more potent phrase "shovel-ready infrastructure spending", that if repeated often enough will result in magical economic growth. ...