Fiscal Stimulus - Publications - Faculty & Research

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Research - Behavioral Finance & Financial Stability

Toomas Laarits & Jeffrey Wurgler MAR 2022 What is the role of fiscal stimulus in the stock market? The authors study the stock market effects of the arrival of the three rounds of “stimulus checks” to U.S.... View Details

01 Mar 2011
News

Tax and Grow

© politicalcartoons.com/Jimmy Margulies With the U.S. economic recovery stuck in low gear and traditional monetary and fiscal policy options seemingly exhausted, now is a good time to consider more novel approaches to stimulating growth.... View Details

Keywords: Mihir A. Desai; Administration of Economic Programs; Government; Corporate, Subsidiary, and Regional Managing Offices; Management

10 Aug 2011
Research & Ideas

HBS Faculty Views on Debt Crisis

American families and businesses. Whether a new fiscal stimulus is merited or even possible is up for debate, but a fiscal retrenchment in the near term is likely to make... View Details

Keywords: by Staff

31 Aug 2020
Research & Ideas

State and Local Governments Peer Into the Pandemic Abyss

Carlson School of Management, show how the link between sales tax dependence and layoffs sheds light on the growing fiscal crisis of state and local governments. The correlation between sales tax dependence and layoffs suggests that the... View Details

Keywords: by Kristen Senz

01 Apr 2019
What Do You Think?

Does Our Bias Against Federal Deficits Need Rethinking?

ensure that, except during downturns, when new fiscal stimulus is required, new spending and tax cuts do not add to the deficit The risks associated with high debt levels are small relative to the harm... View Details

Keywords: by James Heskett

01 Sep 2020
News

The Devil You Don’t Know

economically and politically—to go forward with the kind of fiscal stimulus that might be needed then? So I worry that we’re at risk of “fighting the last war.” History is a wonderful teacher. Many of the... View Details

07 Dec 2010
First Look

First Look: Dec. 7

finance a $4 billion fiscal stimulus package amid the global economic downturn. Velasco was now Chile's most popular minister. However, the future of Chile's fiscal policy was... View Details

Keywords: Sean Silverthorne

04 Jan 2012
First Look

First Look: January 4

fiscal stimulus package and then must debate whether to extend the Bush tax cuts. Purchase this supplement:http://cb.hbsp.harvard.edu/cb/product/712012-PDF-ENG View Details

Keywords: Carmen Nobel

01 Jun 2013
News

Can Business Smarts Save the Charter School Revolution?

Recovery and Reinvestment Act, with a Race to the Top competition that promised more than $4 billion in stimulus money for states that—among other reforms—heeded the call to establish what the President referred to as "laboratories of... View Details

Keywords: David McKay Wilson; charter schools; Elementary and Secondary Schools; Educational Services

24 Feb 2009
First Look

First Look: February 24, 2009

and how much, to use fiscal stimulus to resuscitate the economy. To help students understand Obama's options, the case reviews both the recent tax cuts under President George W. Bush, including the... View Details

Keywords: Martha Lagace

22 May 2018
First Look

New Research and Ideas, May 22, 2018

Budget Impasse, 2001–2019, draws on recent government documents to explore America's economic performance since 2001, the ideology and effects of the Bush tax cuts, Obama's fiscal stimulus in 2009, the Trump... View Details

Keywords: Dina Gerdeman

01 Jul 2008
First Look

First Look: July 1, 2008

to drag the economy into a recession. The Bush administration approved a fiscal stimulus package exceeding $150 billion. Interest rates had been repeatedly cut at the fastest pace in decades, to 2.25% as of... View Details