OECD Economic Surveys: United States 2002

Macroeconomic Policy

DOI:https://dx.doi.org/10.1787/eco_surveys-usa-2002-4-en

Skillful policy actions limited the extent and duration of last year’s economic downturn. A rapid monetary easing – both before and after the events of 11 September – combined with a substantial fiscal expansion to underpin household demand and ...



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