Tag Archives: Europe

Output Spillovers from Fiscal Policy

From Alan Auerbach and Yuriy Gorodnichenko:  It’s tough out there for policymakers seeking to stabilize economies, and shocks from abroad aren’t helping. This column argues that for countries hit by recession, fiscal stimulus in another country might significantly stimulate demand … Continue reading

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Bernanke on The Economic Recovery and Economic Policy

He concludes the speech: In sum, the U.S. economy continues to be hampered by the lingering effects of the financial crisis on its productive potential and by a number of headwinds that have hindered the normal cyclical adjustment of the … Continue reading

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