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Lawrence H. Summers
March 10, 2020, Video: "Former U.S. Treasury Secretary Larry Summer discusses possible fiscal stimulus measures from the Trump administration intended to address an economic…
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Lawrence H. Summers
What the Fed can do to help with with coronavirus’s economic aftershock. March 3, 2020, Opinion: "While the Fed acted preemptively Tuesday, it is still too early to say much…
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Lawrence H. Summers
March 2020, Opinion: "A fundamental difference between natural science theories and social science theories is that natural science theories, if valid, hold for all times and…
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Lawrence H. Summers
Data and code for: Automatic stabilizers in a low-rate environment. Lawrence Summers, February 16, 2020, Dataset, "In a world where monetary policy cannot assume responsibility…
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Lawrence H. Summers
February 2020, Paper: "Until the 2008–09 financial crisis, macroeconomic stabilization policy focused nearly exclusively on monetary policy. It made good sense. In terms of…
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Lawrence H. Summers
2020, Paper, "With interest rates persistently low or even negative in advanced countries, policymakers have barely any room to ease monetary policy when the next recession hits.…
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Lawrence H. Summers
Lawrence Summers, January 7, 2020, Opinion, "Few economic virtues are more universally applauded than thrift. Going back at least to Ben Franklin, Americans have equated greater…
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Lawrence H. Summers
November 2019, Paper, "Between 2020 and 2029, the IRS will fail to collect nearly $7.5 trillion of taxes it is due. It is not possible to calculate with precision how much of this…
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Lawrence H. Summers
China's economic weakness could drive ‘problematic’ nationalism. Lawrence Summers, November 8, 2019 , Video, "Weakness of the Chinese economy could generate “a certain truculence…
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Lawrence H. Summers
US-China ‘phase one’ trade deal won’t lead to ‘economic nirvana’. Lawrence Summers, November 6, 2019, Video, "The so-called phase one trade deal that the U.S. and China are…