Purdue University Article Òscar Jordà Diagnosing Recessions Federal Reserve Bank of San Francisco (FRBSF)

Daniel Carroll. “Why do economists still disagree over government spending multipliers?” Economic Commentary, Federal Reserve Bank of Cleveland, May 8, 2014. In the summary, please try to capture the essence of the article (for example, what is the objective of the paper, data and methodology employed, major finding and conclusions of the paper, AND ANY LIMITATION(S) OF THE STUDY OR WAYS YOU THINK THE PAPER CAN BE IMPROVED). How long should the summary be? A maximum of 2 pages long, using Times New Roman, 12 font size, 1 inch margins, 1.5 or double spaced.