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Federal Reserve Bank of San Francisco
FRBSF Economic Letter
Fighting downturns with fiscal policy
Sylvain Leduc

Should fiscal policy be used to fight recessions? This Economic Letter examines some recent empirical studies analyzing data on the relative effects of higher spending and lower taxes on output.

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Sylvain Leduc, "Fighting downturns with fiscal policy" , Federal Reserve Bank of San Francisco, FRBSF Economic Letter, number 20, 2009.
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Keywords: Recessions ; Fiscal policy
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