Do We Need a New Stimulus Package? Estimates of Spending and Tax Multipliers
Robert J. Barro
July 23, 2010

    Download

Harvard economist Robert J. Barro discussed whether the government's enactment of the first stimulus package has reduced or increased private spending, whether public-sector hiring has lowered or raised private hiring, and whether an additional stimulus package should be enacted. He explained his recent research, which shows that, over five years, an extra $600 billion in public spending deters $900 billion in private spending.

    Download
Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Robert J.
Barro

  • Currently a professor of economics at Harvard University and a research associate of the National Bureau of Economic Research, Robert Barro is also coeditor of Harvard's Quarterly Journal of Economics. Mr. Barro has written extensively on macroeconomics and economic growth, and his research topics include empirical determinants of economic growth, the economic effects of public debt and budget deficits, as well as the formation of monetary policy. His current work focuses on two very different topics: the interplay between religion and political economy and the impact of rare disasters on asset markets. While at AEI, Mr. Barro will be exploring the effects of the stimulus bill on the U.S. economy.

  • Phone: 2028625903
    Email: robert.barro@aei.org

  • Assistant Info

    Name: Greg Lane
    Phone: 2028624879
    Email: greg.lane@aei.org
Show More

What's new on AEI

image The Pentagon’s illusion of choice: Hagel’s 2 options are really 1
image Wild about Larry
image Primary care as affordable luxury
image Solving the chicken-or-egg job problem
close

Join the AEI Media List

AEI's press office frequently sends press advisories highlighting the availability of scholars to discuss particular news topics, as well as recent AEI products (such as studies, articles, and testimonies). Please enter your contact information below to be added to our media list.
JOIN MEDIA LIST
AEI on Facebook
Events Calendar
  • 05
    MON
  • 06
    TUE
  • 07
    WED
  • 08
    THU
  • 09
    FRI
Tuesday, August 06, 2013 | 12:00 p.m. – 1:30 p.m.
Uniting universal coverage and personal choice: A new direction for health reform

Join some of the authors, along with notable health scholars from the left and right, for the release of “Best of Both Worlds: Uniting Universal Coverage and Personal Choice in Health Care,” and a new debate over the priorities and policies that will most effectively reform health care.

VIEW EVENT DETAILS
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled today.
No events scheduled this day.