Johnny Munkhammar skrev på denna blogg från 2004 till sin död 2012. Bloggen är upprätthållen som ett minne och som referens till Johnnys arbete av Johnny Munkhammars minnesfond.

This blog was operated by Johnny Munkhammar from 2004 until 2012 when he passed away. This blog is now in a memorialized state and operated by the Johnny Munkhammar fund.
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Saturday 20/04/2024, 17:05:59

29/01/2008 12:10:36 pm
Why Fiscal Policy Stimulus Will Not Work. I just came back from a conference with the Swedish Fiscal Policy Council. Roel Beetsma from the University of Amsterdam delivered a survey of research into discretionary fiscal policy. In sum, it concludes that fiscal policy stimulus is usually impossible but potentially also harmful, especially in the long run. Relevant in these days of stimulus hysteria.

Read his survey here (pdf) - >
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