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Examines the causes and consequences of the financial crash. This title looks at the effects of fiscal stimulus packages and suggests that, whilst they may lead to an immediate positive impact on growth, the effect can quickly wear off and the effect of the so-called stimulus packages can then be negative.

Produktbeschreibung
Examines the causes and consequences of the financial crash. This title looks at the effects of fiscal stimulus packages and suggests that, whilst they may lead to an immediate positive impact on growth, the effect can quickly wear off and the effect of the so-called stimulus packages can then be negative.
Autorenporträt
Robert Barro is an economics professor at Harvard University, coeditor of Harvard's Quarterly Journal of Economics, a senior fellow at Stanford University's Hoover Institution, and was recently president of the Western Economic Association and vice president of the American Economic Association. He has written extensively on macroeconomics and economic growth for many publications, including Business Week and the Wall Street Journal.