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May/June 2010, 
Vol. 92, No. 3
Posted 2010-05-03

Questions about Fiscal Policy: Implications from the Financial Crisis of 2008-2009

by N. Gregory Mankiw

This article is an edited transcription of remarks given at the Federal Reserve Bank of Philadelphia’s policy forum "Policy Lessons from the Economic and Financial Crisis," December 4, 2009. The presentation was made during a panel discussion that also included James Bullard and John Taylor.