Exact(24)
However, he added: "It remains to be seen though just how much of a stimulative impact the chancellor's reform of stamp duty has on stimulating housing market activity".
If it falls, that dilutes any stimulative impact.
In sum, he said, "the stimulative impact in the economy is going to be de minimis".
The anticipated stimulative impact is all the more important because prices are falling sharply.
Thus, it likely underestimates the stimulative impact of the bill slightly.
That combination has had a stimulative impact, just as a cut in the interest rate would have in ordinary times.
Similar(36)
Oh and Reis' model assumes Ricardian equivalence but includes two effects that suggest a positive impact from stimulative measures.
"It helps to encourage other countries to take more domestic stimulative measures to offset the negative impact of the rise of their currencies".
The economic impact is likely to be stimulative.
Congress isn't ready for this initiative, but it is the most stimulative economic program available, three times the multiplier impact of checks in the mail.
Republicans, who are likely to retain control of at least one chamber of Congress, might pass parts of the package if Mr Obama is re-elected, but only as part of a larger deal on taxes and entitlements.Mr Romney has disparaged such a stimulus, arguing that the confidence-boosting impact of his plans will be quite stimulative enough.
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