The Role of Fiscal Policy

References

• Arnold, R. 2009. "The Challenges of Estimating Potential Output in Real Time." Federal Reserve Bank of St. Louis Review 91, no. 44: 271-290.
   Google Scholar
• Bernanke, B. S. 2000. "Japanese Monetary Policy: A Case of Self-Induced Paralysis?" In Japan's Financial Crisis and Its Parallels to U. S. Experience, ed. R. Mikitani and A. Posen, 149-66. Washington, DC: Institute for International Economics.
   Google Scholar
• Berglund, P. G. 2006. "Paradox of Thrift and Budget in a Simple Keynesian Growth Model." In The Means to Prosperity: Fiscal Policy Reconsidered, ed. P. G. Berglund and M. Vernengo, 149-201. New York: Routledge.
   Google Scholar
• Congressional Budget Office (CBO). 2011a. "Historical and Projected Estimates of Potential GDP and the NAIRU" (January). www.cbo.gov/taxonomy/term/281/all?page=4/
   Google Scholar
• Congressional Budget Office (CBO). 2011b. "Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from January 2011 Through March 2011" (May). www.cbo.gov/sites/default/files/cbofiles/ftpdocs/121xx/doc12185/05-25-arra.pdf
   Google Scholar
• Council of Economic Advisors (CEA). 2011. "The Economic Impact of the American Recovery and Reinvestment Act of 2009" (July) www.whitehouse.gov/sites/default/files/cea_7th_arra_report.pdf
   Google Scholar
• Daly, M.; B. Hobijn; A. Sahin; and R. Valletta. 2011. "A Rising Natural Rate of Unemployment: Transitory or Permanent." Federal Reserve Bank of San Francisco Working Paper 2011-05 (September).
   Google Scholar
• Government Accountability Office (GAO). 2009. "Recovery Act: Recipient Reported Jobs Data Provide Some Insight into Use of Recovery Act Funding, but Data Quality and Reporting Issues Need Attention." Report to Congress GAO-10-223 (November). Washington, DC.
   Google Scholar
• Keynes, J. M. 1964 (1936). The General Theory of Employment, Interest, and Money. New York: Harcourt Brace & World.
   Google Scholar
• Keynes, J. M. 1980. "Activities 1940-46. Shaping the Post-War World: Employment and Commodities." In Collected Works, vol. 27, ed. D. Moggridge. London: Macmillan.
   Google Scholar
• Lucas, R. E., Jr. 1980. "The Death of Keynesian Economics." Issues and Ideas (Winter): 18-19.
   Google Scholar
• Mayer, Gerald. 2010. "The Trends in Long-Term Unemployment and Characteristics of Workers Unemployed for More Than 99 Weeks." Congressional Research Service Report 7-5700/R41559. www.fas.org/sgp/crs/misc/R41559.pdf
   Google Scholar
• Minsky, H. P. 1986. Stabilizing an Unstable Economy. New Haven: Yale University Press.
   Google Scholar
• Okun, A. 1962. "Potential Output: Its Measurement and Significance." In Proceedings of the Business and Economic Statistics Section, American Statistical Society. Washington, DC: American Statistical Association.
   Google Scholar
• Reinhart, C. M., and K. Rogoff. 2009. This Time Is Different: Eight Hundred Centuries of Financial Folly. Princeton: Princeton University Press.
   Google Scholar
• Romer, C., and J. Bernstein. 2009. "The Job Impact of the American Recovery and Reinvestment Plan." January 10. http://otrans.3cdn.net/45593e8ecbd339d074_l3m6bt1te.pdf
   Google Scholar
• Saez, E. 2012. "Striking It Richer: The Evolution of Top Incomes in the United States." Stanford Center for the Study of Poverty and Inequality, Palo Alto. http://elsa.berkeley.edu/~saez/
   Google Scholar
• Tcherneva, P. 2012. "On-the-Spot Employment: Keynes's Approach to Full Employment and Economic Transformation." Review of Social Economy 70, no. 1: 57-80.
   Google Scholar
• Tcherneva, P. 2011a. "Bernanke's Paradox: Can He Reconcile His Position on the Federal Budget with His Charge to Fight Deflation?" Journal of Post Keynesian Economics 33, no. 3: 411-433.
   Google Scholar
• Tcherneva, P. 2011b. "The Case for Labor Demand Targeting." Journal of Economic Issues 45, no. 2: 401-410.
   Google Scholar
• Toossi, M. 2012. "Labor Force Projections to 2020: A More Slowly Growing Workforce." Monthly Labor Review 135, no. 1 (January): 43-64.
   Google Scholar
• Toossi, M. 2004. "Labor Force Projections to 2012: The Graying of the U. S. Workforce." Monthly Labor Review 127, no. 2 (January): 37-57.
   Google Scholar
• Weidner, J., and J. C. Williams. 2011. "What Is the New Normal Unemployment Rate?" Federal Reserve Bank of San Francisco Economic Letter 2011-05 (February): 1-6.
   Google Scholar
• Wiedemer, K. 2011. "Congressional Report Provides Insight into the Long-Term Unemployed: 99ers." Denver Unemployment Examiner, January 24. www.examiner.com/article/congressional-report-provides-insight-into-the-long-term-unemployed-99ers/
   Google Scholar