Do Temporary Cash Transfers Stimulate the Macroeconomy? Evidence from Four Case Studies

Explores whether short-run cash transfers boost aggregate demand, using multiple real-world case studies.

Fiscal stimulusNone / empiricalPodcast episodeintermediatecase studiesconsumption responsefiscal multipliersheterogeneous effectsidentificationmacroeconomic stimulusValerie Ramey

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• Hoover Institution · 2025-05-06

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