The ARRA: Some Unpleasant Welfare Arithmetic
NBER Working Paper No. 18591
---- Acknowledgments ----
I appreciate conversations with, and comments from, Robert Barro, Jared Bernstein, Gary Burtless, Shannon Mok, Rob Shimer, Timothy Smeeding, and three anonymous referees, and the financial support of the George J. Stigler Center for the Study of the Economy and the State. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.