Drawing on the most prominent research in the field, this timely book offers bold new fiscal policies that can complement current automatic stabilizers and coun

Offers fiscal policy options that can complement automatic stabilizers and counter-cyclical monetary policy to combat recessions. It argues for an independent f

Drawing on the most prominent research in the field, this timely book offers bold new fiscal policies that can complement current automatic stabilizers and coun

Shadows in the economy are inevitable. While it may be tempting to rely on Federal Reserve policy as a lone response to recessions, this would be a mistake; we

Examines the effects of the economy on the gov¿t. budget as well as the effects of the budget on the economy. Provides measures of the effects of automatic sta