The Economists’ Voice
Ed. by Belke, Ansgar / Schnabl, Gunther
CiteScore 2018: 0.07
SCImago Journal Rank (SJR) 2018: 0.109
Source Normalized Impact per Paper (SNIP) 2018: 0.044
Should the Government Invest, or Try to Spur Private Investment?
The U.S. economy clearly needs stimulation, but the Obama administrations plan for accelerated depreciation is an old economy approach to stimulating aggregate investment and unlikely to ease the Great Recession, according to Michael Cragg of Brattle Group and Joseph Stiglitz of Columbia University. The authors suggest alternative policies consisting of carefully designed carrots and sticks.