Aizenman, Joshua; Pasricha, Gurnain Kaur - 2011
find that the USA net fiscal stimulus was modest relative to peers, despite it being the epicenter of the crisis, and … having access to relatively cheap funding of its twin deficits. The USA is ranked at the bottom third in terms of the rate of … stimulus on average than their counterparts. We also find that greater net fiscal stimulus was associated with lower flow costs …