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This academic study by Hannah Patnaik and Calvin Chiu presents a comprehensive analysis of viewpoints on fiscal policy since the Great Recession, categorized into different spectrums from neoliberalism to radical reform. The research involves screening articles from top economic journals since 2008 and coding them based on relevance and stance. Examples and case studies are included to illustrate various perspectives on government expenditure and political impacts on corporate downsizing.
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Academic views on fiscal policy since the great recession Hannah patnaik and calvinchiu
Methodology 0 1 3 -1 2 • We screened articles from the five top economic journals since 2008. • We coded them based on the preceding spectrum. • The spectrum for coding articles is based on their relevance and stance on fiscal policy. • -1 = Neoliberalism on Steroids • 0 = Play it again, Sam • 1 = Editing Orthodoxy (Hesitation) • 2 = Editing Orthodoxy (Reform) • 3 = Editing Orthodoxy (Radical)
eXAMPLES • Simple Analytics of the Government Expenditure Multiplier by Micheal Woodford. • Multiplier Debate
Examples • Do Powerful Politicians Cause Corporate Downsizing? by Joshua Cavel, Lauren Cohen, and Christopher Malloy. • Play it again, Sam
