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Valerie Ramey

Professor Emerita of Economics at the University of California, San Diego, and a Senior Fellow at the Hoover Institute. Has published numerous scholarly and policy-relevant articles on macroeconomic topics.

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21 snips
Apr 2, 2025 • 1h 22min

Rethinking keynesian fiscal stimulus

In this engaging discussion, Valerie Ramey, Professor Emerita of Economics at UC San Diego and Senior Fellow at the Hoover Institute, revisits the role of Keynesian fiscal stimulus during economic crises. She explores how governmental spending has evolved, particularly during the Global Financial Crisis and the COVID-19 pandemic. Ramey analyzes the effectiveness of fiscal policies like tax rebates, infrastructure spending, and transfers, while challenging traditional views on their impact on consumption and debt, prompting a reconsideration of modern economic strategies.