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Diane Publishing Books
Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output as of September 2009
Douglas W. Elmendorf (pf); Benjamin Page (au)
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.
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