Class Notes

Nov 6: Here is a handout on the savings-investment material covered in class today with a digression to foreign exchange markets and tables and graphs of data.
Sept 23: Further to our quick attempt to see what’s happening to state and local government, here’s a paper from 2 years ago, the sort of general background that motivated our little data exploration.

ON THE EASE OF OVERSTATING THE FISCAL STIMULUS IN THE US, 2008-9
Joshua Aizenman and Gurnain Kaur Pasricha
February 2010
National Bureau of Economic Research Working Paper 15784
http://www.nber.org/papers/w15784