Fall 2009

Jalopy Economics: How to judge the success of "Cash for Clunkers"

The Cash for Clunkers program seemed quite popular. But did it really provide a robust boost to economic growth or did it simply spur vehicle consumption earlier rather than later?

Related Links

"Economic Analysis of the Car Allowance Rebate System (‘Cash for Clunkers')." Washington, D.C.: Council of Economic Advisers, Sept.10, 2009.