Policies that Might Work: Fiscal Policy

####Policies that Might Work: Fiscal Policy####* Ramey* Romer and Romer* Barro* Romer and Bernstein* Cogan, Cwik, Taylor, and WielandAs long as nominal interest rates stay very low and unemployment stays high, we are interested in the simple “Keynesian” multiplier–crowding out either through higher interest rates or through inflation is not a factor we worry about.What do we know about the effectiveness of fiscal policy?*Fama*Lucas—-####Policies that Might Work: Banking Policy####

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