Fiscal Spending Jobs Multipliers:Evidence from the 2009 American Recovery and Reinvestment Act
Daniel J. Wilson*First draft: June 28, 2010This draft: October 5, 2011*
I would like to thank Ted Wiles for the superb research assistance he provided on this project. I also thank Alan Auerbach, Chris Carroll, Gabriel Chodorow-Reich,Raj Chetty, Bob Chirinko, Mary Daly, Steve Davis, Tracy Gordon, Jim Hines, Bart Hobijn, Atif Mian, Enrico Moretti, Emi Nakamura, Giovanni Peri, Jesse Rothstein, Matthew Shapiro, KenSimonson, Joel Slemrod, Jon Steinsson, Amir Sufi, John Williams and seminar participants atUC-Berkeley, U. of Michigan, the 2010 National Tax Association conference, and the FederalReserve Banks of Chicago and San Francisco for helpful comments and discussions. The viewsexpressed in the paper are solely those of the author and are not necessarily those of the FederalReserve Bank of San Francisco nor the Federal Reserve System.
Daniel J. WilsonFederal Reserve Bank of San FranciscoMail Stop 1130101 Market StreetSan Francisco, CA 94105PH: 415 974 3423FX: 415 974 2168Daniel.Wilson@sf.frb.org