CFA Lecture

What the Pandemic Experience is Telling Us About Extreme Fiscal Policy

19.05.2021
Webinar

Under normal conditions it is very difficult to measure the effect of fiscal policy on economic growth. There are just too many variables operating simultaneously. But when the coronavirus came along it induced governments to act on a vast scale. If we care to look, we can now get a good fix on the problem by comparing the experience of different countries. The results are not what you think.