Inman, Robert P. (2013) The U.S. experience shows that union-wide fiscal policies, targeted transfers and lower tax rates may help to stimulate growth at the state and national level. LSE American Politics and Policy (14 Nov 2013). Website.
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Abstract
The 2008 Great Recession and slow recovery have created a new interest in a broader fiscal union for the EU. Drawing on the U.S. experience from 1973-2009, Robert P. Inman identifies three key lessons for creating efficient macroeconomic policy in a fiscal union: that state level fiscal policies have spillover effects; central government must pick the most cost effective stimulus policies; and that economic efficiency does not always equate with political feasibility. His findings are particular relevant to the challenge of creating effective stimulus plans and broader growth.
| Item Type: | Online resource (Website) |
|---|---|
| Official URL: | http://blogs.lse.ac.uk/usappblog/ |
| Additional Information: | © 2013 The Author |
| Divisions: | LSE |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HC Economic History and Conditions |
| Date Deposited: | 28 Jul 2014 14:53 |
| Last Modified: | 13 Sep 2024 18:40 |
| URI: | http://eprints.lse.ac.uk/id/eprint/58375 |
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