{"title":"财政政策的作用","authors":"C. Walsh","doi":"10.7551/mitpress/6838.003.0009","DOIUrl":null,"url":null,"abstract":"suggesting that the recovery of the U.S. economy from the recent recession is on a bumpy path.During the second quarter of 2002, real GDP grew at an anemic annual rate of barely over 1%, well below market expectations. Unemployment, after rising throughout 2001, has leveled off but has yet to show signs of declining.Adding some gloom to the general outlook, the stock market continued to drop through most of July and has remained volatile.","PeriodicalId":169480,"journal":{"name":"FRBSF Economic Letter","volume":"10 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"11","resultStr":"{\"title\":\"The role of fiscal policy\",\"authors\":\"C. Walsh\",\"doi\":\"10.7551/mitpress/6838.003.0009\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"suggesting that the recovery of the U.S. economy from the recent recession is on a bumpy path.During the second quarter of 2002, real GDP grew at an anemic annual rate of barely over 1%, well below market expectations. Unemployment, after rising throughout 2001, has leveled off but has yet to show signs of declining.Adding some gloom to the general outlook, the stock market continued to drop through most of July and has remained volatile.\",\"PeriodicalId\":169480,\"journal\":{\"name\":\"FRBSF Economic Letter\",\"volume\":\"10 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"1900-01-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"11\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"FRBSF Economic Letter\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.7551/mitpress/6838.003.0009\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"FRBSF Economic Letter","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.7551/mitpress/6838.003.0009","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
suggesting that the recovery of the U.S. economy from the recent recession is on a bumpy path.During the second quarter of 2002, real GDP grew at an anemic annual rate of barely over 1%, well below market expectations. Unemployment, after rising throughout 2001, has leveled off but has yet to show signs of declining.Adding some gloom to the general outlook, the stock market continued to drop through most of July and has remained volatile.