Fiscal Stimulus in Economic Unions: What Role for States?

Gerald Carlino, Robert P. Inman

NBER Working Paper No. 21680
Issued in October 2015

---- Acknowledgments ----

The authors would like to thank Alan Auerbach, Jeff Brown, William Dupor, Pablo Guerron, James Nason, Keith Still, and Tom Stark for helpful comments on earlier versions of this research, and Jake Carr and Adam Scavatti for outstanding research assistance. The views expressed here are those of the authors and do not necessarily represent the views of the Federal Reserve Bank of Philadelphia, the Federal Reserve System, the University of Pennsylvania, or the National Bureau of Economic Research.

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