NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Net Fiscal Stimulus During the Great Recession

Joshua Aizenman, Gurnain Kaur Pasricha

NBER Working Paper No. 16779
Issued in February 2011

---- Acknowledgements -----

We would like to thank Kristina Hess for outstanding research assistance. We also thank Daniel Wilson, Robert Lavigne and conference participants at the American Economic Association Annual Meeting in Denver, January 2011 for comments. The views expressed in the paper are those of the authors. No responsibility for them should be attributed to the Bank of Canada or to the National Bureau of Economic Research.

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