Cover: Countercyclical housing policies: microeconomic medicine for macroeconomic ills

Countercyclical housing policies: microeconomic medicine for macroeconomic ills

Published 1982

by Michael Murray

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This paper examines several fiscal stimulus programs intended to reawaken the moribund housing industry of the early 1980s. Simulations of each of the proposals indicated that none would be particularly successful in achieving the goal of spurring housing production and that all are poor generators of general employment when compared with alternative fiscal projects.

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