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Project Citation: 

Stiglitz, Joseph E. Replication data for: How to Restore Equitable and Sustainable Economic Growth in the United States. Nashville, TN: American Economic Association [publisher], 2016. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113431V1

Project Description

Summary:  View help for Summary Today's weakness in the US economy results from lack of aggregate demand, due to high and growing inequality, underinvestment in public infrastructure and technology that is complementary to private capital, continuing mild austerity, difficulties encountered in making the structural transformation from manufacturing to a service-based economy, and a financial sector failing to provide adequate funds to SMEs. An agenda to restore growth includes a carbon price, inducing climate investments; increased public investments in infrastructure and technology; fighting inequality through redistribution and rewriting the rules structuring the economy; and reforming the financial sector and the global reserve system.

Scope of Project

JEL Classification:  View help for JEL Classification
      E23 Macroeconomics: Production
      E32 Business Fluctuations; Cycles
      E44 Financial Markets and the Macroeconomy
      E61 Policy Objectives; Policy Designs and Consistency; Policy Coordination
      E62 Fiscal Policy
      H50 National Government Expenditures and Related Policies: General


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