The Effects of the American Recovery and Reinvestment Act of 2009. An Evaluation PDF Download
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Author: Michael Kardalinos
Publisher:
ISBN: 9783668250314
Category :
Languages : en
Pages : 32
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Book Description
Bachelor Thesis from the year 2016 in the subject Economics - Economic Cycle and Growth, grade: 1,00, Jacobs University Bremen gGmbH, language: English, abstract: The paper analyses the impact of the American Recovery and Reinvestment Act of 2009 (ARRA) to answer the question whether the stimulus was an appropriate crisis response. This is done by looking at the official purposes of the Act, namely, Job creation and promotion of economic recovery, assisting those most impacted by the recession, state and local government budget stabilization and long-term investments. It is an interesting read for everyone who wants to know more about the effectiveness of deficit spending during the Great Recession.
Author: Michael Kardalinos
Publisher:
ISBN: 9783668250314
Category :
Languages : en
Pages : 32
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Book Description
Bachelor Thesis from the year 2016 in the subject Economics - Economic Cycle and Growth, grade: 1,00, Jacobs University Bremen gGmbH, language: English, abstract: The paper analyses the impact of the American Recovery and Reinvestment Act of 2009 (ARRA) to answer the question whether the stimulus was an appropriate crisis response. This is done by looking at the official purposes of the Act, namely, Job creation and promotion of economic recovery, assisting those most impacted by the recession, state and local government budget stabilization and long-term investments. It is an interesting read for everyone who wants to know more about the effectiveness of deficit spending during the Great Recession.
Author: Christina Romer
Publisher: DIANE Publishing
ISBN: 1437936180
Category : Business & Economics
Languages : en
Pages : 56
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Book Description
This is a print on demand edition of a hard to find publication. As part of the unprecedented accountability and transparency provisions included in the American Recovery and Reinvestment Act of 2009, the Council of Economic Advisers is charged with providing to Congress quarterly reports on the effects of the Recovery Act on overall economic activity, and on employment in particular. This 4th report provides an assessment of the effects of the Act through the second quarter of 2010. Contents: Intro.; The Progress of Spending and Tax Reductions under the Recovery Act; Evidence of the Economic Impact of the Recovery Act; The Public Investment Provisions of the Recovery Act; Provisions of the Recovery Act That Leverage Other Spending; Conclusion; Appendix: Estimated Employment Effects by State.
Author: Benjamin Page
Publisher: DIANE Publishing
ISBN: 1437982298
Category : Reference
Languages : en
Pages : 20
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Book Description
The American Recovery and Reinvestment Act of 2009 (ARRA) contains provisions that are intended to boost economic activity and employment in the U.S. Section 1512(e) of the law requires comment on reports filed by recipients of ARRA funding that detail the number of jobs funded through their activities. This report fulfills that requirement. It also provides estimates of ARRA's overall impact on employment and economic output in the 4th quarter of calendar year 2010. Those estimates -- which the report considers more comprehensive than the recipients' reports -- are based on evidence from similar policies enacted in the past and on the results of various economic models. Charts and tables. This is a print on demand report.
Author: Benjamin Page
Publisher: DIANE Publishing
ISBN: 1437934196
Category : Business & Economics
Languages : en
Pages : 19
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Book Description
The American Recovery and Reinvestment Act of 2009 (ARRA) contains a variety of provisions intended to boost economic activity and employment in the United States. Section 1512(e) of the law requires the author to comment on the reports filed by certain recipients of funding under ARRA that detail how many jobs were created or retained through funded activities. This report fulfills that requirement. It also provides estimates of ARRA¿s overall impact on employment and economic output in the first quarter of calendar year 2010. Those estimates are based on evidence from similar policies enacted in the past and on the results of various economic models. Charts and tables.
Author: Vincent Byaruhanga
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659597565
Category :
Languages : en
Pages : 156
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Book Description
"The impact of capital investments in the American Recovery Act of 2009" analyzed the $48 billion awarded to the US Department of Transportation under the Recovery Act. The study addressed the questions of the contribution of capital investments to GDP growth, and to employment growth. The empirical results revealed that capital investments in the American Recovery and Reinvestment Act of 2009 contributed to the GDP growth, and to employment growth.
Author:
Publisher: DIANE Publishing
ISBN: 1437943403
Category :
Languages : en
Pages : 20
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Book Description
Author: Vincent Byaruhanga
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 138
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Book Description
The purpose of this study is to find out the effect of government spending on capital investments in the American Recovery and Reinvestment Act (ARRA) of 2009 on GDP and employment growth. This research utilized US quarterly data from 2003 QI to 2013 QII. In the first part the research used variables from the Keynes economic model and utilized two-stage least square analysis to assess the effect of government spending on GDP. The results from the regression analysis indicate that an increase of one dollar in government spending increases GDP by 1.569 dollars. The researcher found that the general government spending multiplier was 1.9. The coefficient for government spending in the Recovery Act was 0.383, implying that for every one dollar in government spending, Recovery Act spending on capital investments contributed 0.383 dollars. In the second part, the researcher used the Solow (1956) growth model variables on quarterly data from the same period. The regression results show that for one standard deviation increase in government spending, GDP increases by 0.955 standard deviations. The unstandardized regression results show that a one dollar increase in government spending, increases GDP by 4.886 dollars. In the third part, the research used employment growth as a dependent variable regressed on ARRA jobs that were created and retained by government spending on capital investments specified by the Recovery Act. The results show that the regression coefficient for ARRA jobs was 2.742, which indicates that an increase in government spending on capital investments contributed 2.742 percentage points to employment growth. This was a significant contribution to employment growth.
Author:
Publisher: DIANE Publishing
ISBN: 1437926509
Category : Business & Economics
Languages : en
Pages : 20
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Book Description
The Amer. Recovery and Reinvest. Act of 2009 (ARRA) contains a variety of provisions intended to boost economic activity and employment. This report comments on the reports filed by certain recipients of funding under ARRA that detail how many jobs were created or retained from ARRA. It also provides estimates of ARRA¿s overall impact on employment and economic output in the 3rd qtr. of 2009. Those estimates are based on evidence from similar policies enacted in the past and various economic models. Contents: (1) Measuring ARRA¿s Impact Using Recipients¿ Reports, and Economic Models and Historical Data: A Modeling Approach; (2) Updated Estimates of the Impact of ARRA; (3) Evidence on the Economic Effects of Fiscal Stimulus. Illus.
Author: Paul G. Tellis
Publisher:
ISBN: 9781616683559
Category : Economic development projects
Languages : en
Pages : 0
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Book Description
On 13 February 2009, both the House and Senate passed the conference version of H.R. 1, the American Recovery and Reinvestment Act of 2009 (ARRA). The primary purposes of the ARRA focus on promoting economic recovery, assisting those most affected by the recession, improving economic efficiency by "spurring technological advances in science and health," investing in infrastructure, and stabilising state and local government budgets. This book provides a brief overview of the key provisions of the ARRA including the agriculture, nutrition, and rural provisions; medicaid provisions; a summary and legislative history of the Act; and the estimated impact on employment and economic output as of September 2009.
Author: Benjamin Page
Publisher: DIANE Publishing
ISBN: 1437938450
Category : Business & Economics
Languages : en
Pages : 20
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Book Description
The American Recovery and Reinvestment Act of 2009 (ARRA) contains a variety of provisions intended to boost economic activity and employment in the U.S. Section 1512(e) of the law requires the author to comment on the reports filed by certain recipients of funding under ARRA that detail how many jobs were created or retained through funded activities. This report fulfills that requirement. It also provides estimates of ARRA¿s overall impact on employment and economic output in the second quarter of calendar year 2010. Those estimates are based on evidence from similar policies enacted in the past and on the results of various economic models. Charts and tables. This is a print on demand edition of an important, hard-to-find publication.
