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What Do Fiscal Multipliers Say About Obama’s Stimulus Plan?

Published on Mon, 13 Apr 2009 - Volume: 52 Issue: 15

Middle East Economic Survey

VOL. LII

No 15

13-Apr-2009

GENERAL

What Do Fiscal Multipliers Say About Obamas Stimulus Plan?

By Shawkat Hammoudeh

Shawkat Hammoudeh is Professor of Economics and International Business at Drexel University. He can be reached at hammousm@drexel.edu.

There is currently a debate raging among first-rate economists and among famous politicians on the extent of the effectiveness of the $820bn fiscal package suggested by President Barack Obama to stimulate the US economy. This...