How Economic Stimulus Became a Debt Problem | Valerie Ramey

Evaluates evidence on whether stimulus spending raises output, and how debt costs linger.

Fiscal stimulusThe national debtNone / empiricalexpertdebt sustainabilityfiscal multipliersgovernment purchasesinfrastructure spendingrecession policystimulus checksValerie Ramey

Recommended by

• Hoover Institution · 2026-08-19

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