Report of the commission on inclusive prosperity co-chaired by Lawrence H. Summers and Ed Balls published by Center for American Progress (01/2015). “The economic troubles of the democracies also erode support for the democratic idea around the globe. In…
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Fiscal Policy x Depressed Economy (DeLong & Summers)
mar 20, 2012, 4:17 PM 0
Fiscal policy in a depressed economy by J. Bradford DeLong and Lawrence H. Summers. “This paper examines logic and evidence bearing on the efficacy of fiscal policy in severely depressed economies. In normal times central banks offset the effects…