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The Job Impact of the American Recovery and Reinvestment Plan
01/11/09
The Job Impact of the American Recovery and Reinvestment Plan, released Jan. 10, 2009, 6:00 am
One of the architects of the recovery plan has been Christina Romer, CEA-Chair designate. Professor Romer has done extensive research on the stimulus effect of taxes. In her research Romer concluded that an exogenous tax increase of one percent of GDP lowers real GDP by roughly three percent. In the recovery plan a tax multiplier of 0.99 is assumed. We all hope that this is a careful assumption and that the multiplier will turn out to be better at the end.
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_________________________________________________________________________________ECONOMIES:
STATISTICS SOURCES:
- Econometric Laboratory UC Berkeley
- Dataranking.com: Economic and social Data Ranking
- International Economic Growth Data Set (many useful statistics links, University of Bristol)
- Nationmaster (comprehensive country stat. data)
- US Dept. of Labor: Bureau of Labor Statistics
- US Govt Business Statistics
- US Regional Economic Data
- EuroStat: comprehensive European Statistical Data
- Metrics 2.0: Business & Market Intelligence
- RBA: huge Number of Links to Statistical Sources
- Various Links to Statistical Pages
- Ireland Business Facts (incl. economic Global Data)
ECONOMIC OUTLOOK:
- Census Bureau (US)
- International Economic Indicators
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- UK Government Treasury
- White House
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THINK TANKS:
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- Think Tanks and Public Interest Org. (US)
GLOBALIZATION:
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- Dani Rodik (Harvard Prof. on Globalization)
- How to save globalization from its cheer leaders, Dani Rodrik (Harvard)
- Emory: The Globalization Website
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- Harvard: Global Trade Negotiations Homepage
- International Forum on Globalization
- Internationale Politik (DGAP)
- OECD Economics Department
- UCLA: The Globalization Research Center Africa
- Worldbank: Globalization
- WTO
- YaleGlobal Online
LINKS TO SELECTED WORKING PAPER SITES:
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- Cornell Business: Research (SSRN)
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- ESADE: Faculty & Research
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- Kellogg: Faculty Publications
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- St. Gall: Publications
- Wharton (UPenn): Research Papers
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- German Fed: Discussion Papers
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- US Federal Reserve Board: Economic Research and Data
- Banque France: Publications and Research
- Swiss National Bank: Working Papers
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