Tabla de Contenidos:
  • ECONOMIC STIMULUS: PLANS, RISKSAND OUTLOOK; ECONOMIC STIMULUS: PLANS, RISKSAND OUTLOOK; CONTENTS; PREFACE; COUNTERCYCLICAL JOB CREATION PROGRAMS; SUMMARY; THE PROS AND CONS OF JOB CREATION APPROACHES IN BRIEF1; COUNTERCYCLICAL PUBLIC WORKS EMPLOYMENT2; COUNTERCYCLICAL PUBLIC SERVICE EMPLOYMENT4; COUNTERCYCLICAL REVENUE-SHARING5; COUNTERCYCLICAL EMPLOYMENT SUBSIDIES6; End Notes; ECONOMIC SLOWDOWN: ISSUES AND POLICIES; SUMMARY; THE CURRENT STATE OF THE ECONOMY7; Is Additional Fiscal Stimulus Needed?; STIMULUS PROPOSALS ENACTED AND CONSIDERED; Tax Rebates29.
  • Preliminary Evidence on the Rebates' Economic EffectsBusiness Tax Incentives45; Housing Provisions49; Extending Unemployment Benefits56; Senate Committee Proposal; EUCO8 and EB Interactions; A Second Stimulus Package?66; Comparing the Macroeconomic Effects of Various Proposals69; Should Stimulus be Targeted?; Interventions for Financial Firms and Markets80; Case-by-Case Interventions; Broad Based Intervention; End Notes; ECONOMIC STIMULUS: ISSUES AND POLICIES; SUMMARY; THE CURRENT STATE OF THE ECONOMY3; A PROPOSED 2009 STIMULUS PACKAGE15.
  • Temporary Provisions in the February 2008 Stimulus That Might beExtendedOther Proposals Discussed in 2008; The 2009 Proposals; Preliminary Discussions; House Proposals; Discussion; ISSUES SURROUNDING FISCAL STIMULUS24; The Magnitude of a Stimulus; Bang for the Buck; Timeliness; Long-term Effects; Should Stimulus be Targeted?; Is Additional Fiscal Stimulus Needed?; INTERVENTIONS FOR FINANCIAL FIRMS AND MARKETS; End Notes; EXTENDING UNEMPLOYMENT COMPENSATIONBENEFITS DURING RECESSIONS; SUMMARY; UNEMPLOYMENT COMPENSATION AND EXHAUSTION OF BENEFITS; UC Benefits and Duration.
  • Generosity of Unemployment Benefits and Disincentives to Find WorkUC Benefit Exhaustion; RECESSIONS; Determination of a Recession; Current Recession Began December 2007; Recessions from 1980 to Present; FEDERAL PROGRAMS OF EXTENDED UNEMPLOYMENTCOMPENSATION; Extended Benefit (EB) Program (Determined at the State Level); Methods for Determining 20 Weeks of Full-Time Insured Employment; Temporary Federal Extensions of Unemployment Benefits: CongressionalIntervention in Recessions; Temporary Extended UC Benefits as Economic Stimulus; ASSESSING THE LABOR MARKET: DETERMINING WHEN TOINTERVENE.
  • Using the Insured Unemployment Rate vs. Total Unemployment RateNational, State, and Sub-State Triggers; Increases in Unemployment of at Least One Million Unemployed asCompared to the Same Month in the Previous Year; Other Measures: Changes in Long Term Unemployment and Changes in UCBenefits Exhaustions; APPENDIX RELATED TABLES; End Notes; GOVERNMENT SPENDING OR TAX REDUCTION:WHICH MIGHT ADD MORE STIMULUS TO THEECONOMY?; SUMMARY; Short-Run Effects; Long-Run Effects; End Notes; JOB LOSS AND INFRASTRUCTURE JOB CREATIONDURING THE RECESSION; SUMMARY; EMPLOYMENT AND UNEMPLOYMENT THROUGH JOB LOSS.