For Gabriel Mihalache
KPC friend Gabriel recently ripped econ bloggers for no longer posting about economics (lol, imagine that!).
So here you go Gabe!
1. Maybe the Stimulus will work after all. The December 2007 JPE gives us "The Reaction of Consumer Spending and Debt to Tax Rebates" by Sumit Agarwal, Chunlin Liu, and Nicholas S. Souleles. Here is the abstract, an ungated version can be downloaded from here)