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Death of a Theory James Bullard The author discusses the effectiveness of fiscal approaches to stabilization policy. The conventional wisdom before 2007 was that fiscal policy intervention as a stabilization tool had lit
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Document Date: 2012-03-01 10:09:44


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Chicago / St. Louis / /

Company

of St. Louis Review / Reserve Bank of St. Louis REVIEW / governFederal Reserve Bank of St. Louis / /

Country

Japan / United States / Canada / United Kingdom / /

IndustryTerm

stabilization tool / actual political systems / macroeconomic stabilization tool / bank / /

Organization

Korean American Economic Association / Organisation for Economic Co-operation and Development / US Federal Reserve / Board of Governors / G-7 / Federal Reserve Bank / Congressional Budget Office / Federal Open Market Committee / /

Person

Bernanke / James Bullard / N. Greg Mankiw / Ronald Reagan / /

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Position

economist / author / Chairman / president and CEO / self-described Keynesian economist / going forward / model / the amount / /

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http /

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