Includes bibliographical references (p. 219-222) and index.
Fiscal policy to combat a severe recession -- An automatic transfer
(tax rebate) -- An automatic temporary consumption tax cut -- Fiscal
discipline with NUBAR (Normal Unemployment Balanced Budget Rule) -- A
fiscal policy advisory board -- Recent empirical studies relevant to
countercyclical fiscal policy -- The tax rebate in the 1975 recession
-- The tax rebate in the 2001 recession -- Early studies of automatic
fiscal policy -- Early challenges to countercyclical fiscal policy --
The new classical counterrevolution: a false path for macroeconomics
-- Fiscal policy and the ending of the Great Depression.
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