Federal Stimulus Spending and the Private Sector: About this Lecture

October 10, 2017

Recent calls for increased government spending—particularly on infrastructure—invite the question: Are government expenditures an effective means of stimulating private economic activity? With the American Recovery and Reinvestment Act of 2009 as a backdrop, economist Bill Dupor answered this question. Dupor, an assistant vice president in Research at the St. Louis Fed, used historical data, case studies and recent academic research on the topic.

Presentation (PDF)

Cletus Coughlin, senior vice president and chief of staff to St. Louis Fed President and CEO James Bullard, opened the discussion by talking about different purposes of government spending.

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This popular lecture series addresses key issues and provides the opportunity to ask questions of Fed experts. Views expressed are not necessarily those of the St. Louis Fed or Federal Reserve System.

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