Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from October 2011 Through December 2011¶
Congressional Budget Office. (2012). Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from October 2011 Through December 2011.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Domain-specific¶
- Fiscal Multiplier
- At the zero lower bound on nominal interest rates, where monetary policy cannot offset the fiscal impulse by raising rates, multipliers estimated for the 2009 American Recovery and Reinvestment Act ranged from 0.5 to 2.5 for direct government purchases, 0.4 to 2.2 for infrastructure transfers, and 0.4 to 2.1 for transfers to individuals, while high-income tax cuts carried multipliers near 0.3
This sourceCBO's table of estimated output multipliers by ARRA component, the source of each range the sentence gives - 0.5 to 2.5 for federal purchases, 0.4 to 2.2 for infrastructure transfers, 0.4 to 2.1 for transfers to individuals, and 0.1 to 0.6 for a tax cut to higher-income people; CBO does not condition these estimates on the zero lower bound.
Supported in partVerified against the source
- At the zero lower bound on nominal interest rates, where monetary policy cannot offset the fiscal impulse by raising rates, multipliers estimated for the 2009 American Recovery and Reinvestment Act ranged from 0.5 to 2.5 for direct government purchases, 0.4 to 2.2 for infrastructure transfers, and 0.4 to 2.1 for transfers to individuals, while high-income tax cuts carried multipliers near 0.3
Verification¶
Does it exist? Not checked yet. This entry carries no identifier to resolve. It was extracted from the citation as written in the article, normalized, and deduplicated against the rest of the registry.
Does it back the claim? Read against the text for 1 of 1 citation: 1 supported in part. Each verdict is shown under its citation below, with what in the work backs the sentence.
Support is checked per citation rather than per work — the same source can be cited soundly in one article and wrongly in another. Per-citation recording began recently, so a citation with no recorded check is a gap in the record rather than evidence it went unchecked.
See how references were verified.
Registry ID ref:19470280f6aa · see in the full table