Unemployment Fiscal Multipliers
NBER Working Paper No. 15931
---- Acknowledgements ----
Written for the November 2009 Carnegie Rochester Conference "Fiscal Policy in an Era of Unprecedented Budget Deficits". This paper was produced as part of the project Growth and Sustainability Policies for Europe (GRASP), a Collaborative Project funded by the European Commission's Seventh Research Framework Programme, Contract number 244725.We thank Andy Abel, Monika Merz (our discussant), the conference participants, and participants to seminars at Humboldt Berlin, London School of Economics and Université Catholique de Louvain la Neuve for very useful comments. All errors our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.