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Stop and Start Consumption: the Cash for Clunkers Fiscal Stimulus

igmforum editor - September 3rd, 2010

By Atif Mian and Amir Sufi

Proponents of fiscal stimulus argue that targeted subsidies can spur consumers ... Read Cash for Clunkers article>

 

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Banks Need Fewer Carrots and More Sticks

By Luigi Zingales, R. Glenn Hubbard, and Hal Scott
Wall Street Journal; May 6th, 2009

The results of bank stress tests — expected tomorrow — will no doubt prompt calls for further government guarantees and capital injections. But continuing to prop up the banks with government cash is a mistake. There is a better approach.

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