Cashin, David; Lenney, Jamie; Lutz, Byron F.; Peterman, … - 2017
contribution of fiscal policy to growth in real GDP over the course of the Great Recession and current expansion. We compare this …We examine the effect of federal and subnational fiscal policy on aggregate demand in the U.S. by introducing the … contribution to the contributions to growth in aggregate demand made by fiscal policy over past business cycles. In doing so, we …