Recovery Act Third Quarterly Report - References

REFERENCES

Blue Chip Economic Indicators.  Aspen Publishers.  Vol. 35, No. 4, April 10, 2010.

Campbell, John Y., and Angus S. Deaton.  “Why is Consumption So Smooth?”  Review of Economic Studies 56 (July 1989):  357-373.

Campbell, John Y., and N. Gregory Mankiw.  “Consumption, Income, and Interest Rates:  Reinterpreting the Time Series Evidence.”  NBER Macroeconomics Annual 4 (1989):  185-216.

Campbell, John Y., and N. Gregory Mankiw.  “The Response of Consumption to Income:  A Cross-Country Investigation.”  European Economic Review 35 (1991):  723-767.

Carroll, Christopher D.  “Precautionary Saving and the Marginal Propensity to Consume out of Permanent Income.”  Journal of Monetary Economics 56 (September 2009):  780-790.

Carroll, Christopher D., Misuzu Otsuka, and Jirka Slacalek.  “How Large is the Housing Wealth Effect?  A New Approach.”  NBER Working Paper No. 12746, December 2006.

Center on Budget and Policy Priorities.  LaDonna Pavetti, Director of Welfare Reform and Income Support, on the Safety Net’s Response to the Recession.  Testimony before the House Subcommittee on Income Security and Family Support.  October 8, 2009.

Congressional Budget Office.  Letter to the Honorable Nancy Pelosi.  February 13, 2009.

Congressional Budget Office.  “The Budget and Economic Outlook:  Fiscal Years 2010 to 2020.”  January 2010a.

Congressional Budget Office.  “Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from October 2009 Through December 2009.”  February 2010b.

Council of Economic Advisers.  “Estimates of Job Creation from the American Recovery and Reinvestment Act of 2009.”  May 2009a.

Council of Economic Advisers.  “The Economic Impact of the American Recovery and Reinvestment Act of 2009, First Quarterly Report.”  September 2009b.

Council of Economic Advisers.  “The Economic Impact of the American Recovery and Reinvestment Act of 2009, Second Quarterly Report.”  January 2010.

Glassman, James.  “Markets & the Economy / Quarterly Update.” J.P.Morgan Chase & Co., January 4, 2010.

Goldman Sachs Group, Inc.  “Fiscal Stimulus:  A Little Less in Q2, A Little More Later.”  August 4, 2009.

Jappelli, Tullio, and Luigi Pistaferri.  “The Consumption Response to Income Changes.”  CEPR Discussion Paper No. DP7680, February 2010.

Johnson, David S., Jonathan A. Parker, and Nicholas S. Souleles.  “Household Expenditure and the Income Tax Rebates of 2001.”  American Economic Review 96 (December 2006):  1589-1610.

Macroeconomic Advisers.  “The US Economic Outlook:  Is the Upturn Imminent?  How Strong?”  June 11, 2009a.

Macroeconomic Advisers.  “Outlook Commentary.”  September 3, 2009b. 

Parker, Jonathan A., Nicholas S. Souleles, David S. Johnson, and Robert McClelland.  “Consumer Spending and the Economic Stimulus Payments of 2008.”  Unpublished paper, Northwestern University, February 2010.

Tax Policy Center.  “’The American Recovery and Reinvestment Tax Act of 2009:’  AMT Patch, Conference Report, Distribution of Federal Tax Change by Cash Income Level, 2009.”  Table No. T09-0118.  February 23, 2009a.

Tax Policy Center.  “’The American Recovery and Reinvestment Tax Act of 2009:’  AMT Patch, Conference Report, Distribution of Federal Tax Change by Cash Income Percentile, 2009.”  Table No. T09-0119.  February 23, 2009b.

U.S. Department of Commerce.  Bureau of Economic Analysis.  “National Economic Accounts.”  Accessed April 2010. 

U.S. Department of Labor.  Bureau of Labor Statistics.  “Current Employment Statistics Survey: National.”  Accessed April 2010.

U.S. Recovery Accountability and Transparency Board.  Data from Recovery.gov website.   http://www.recovery.gov/.  Accessed April 2010.

The White House, Office of the Vice President.  “Vice President Biden Announces Recovery Act Putting More Money Back in Middle Class Taxpayers’ Pockets this Year.”  March 22, 2010.  Online at http://obamawhitehouse.archives.gov/the-press-office/vice-president-biden-announces-recovery-act-putting-more-money-back-middle-class-ta. 

Zandi, Mark.  “The Causes and Current State of the Financial Crisis.”  Testimony to the Financial Crisis Inquiry Commission, January 13, 2010.