Author: George I. Treyz
Publisher:
ISBN:
Category : Fiscal policy
Languages : en
Pages : 412

Get Book Here

Book Description

Author: United States. Congress. Joint Economic Committee. Subcommittee on Fiscal Policy
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 48

Get Book Here

Book Description
Working paper on the impact of alternative fiscal policies on the economy of the USA - examines three policy rules over three periods representing different phases of the business cycle, (1) balancing the national budget, (2) a full employment budget and (3) a discretionary fiscal policy, and concludes in favour of the last. References and statistical tables.

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 39

Get Book Here

Book Description

Author: Anthony J. Makin
Publisher: Springer
ISBN: 3319901583
Category : Political Science
Languages : en
Pages : 130

Get Book Here

Book Description
This book presents alternative macroeconomic perspectives, primarily open economy, on the limitations of discretionary fiscal policy, with a focus on government spending. Following an overview on the post-crisis Keynesian revival and of the macro-foundations needed for subsequent analysis, different perspectives are expounded that highlight the failings of fiscal activism. These perspectives include extended loanable funds analysis, an expenditure-output related model incorporating money and exchange rates, and a dependent economy framework. The approaches are used to examine investment and net export crowding out effects and their implications for national income, and are then adapted to show the macroeconomic impact of different fiscal consolidation measures, revealing that the nature of fiscal repair is critical. A concluding chapter evaluates the nexus between budgetary policy and confidence, summarises the key failings of fiscal activism, and suggests fiscal policy goals. The book will appeal to university lecturers and researchers in macroeconomics and economists working in government and the private sector.

Author: Fredrick L. Golladay
Publisher: Elsevier
ISBN: 1483272400
Category : Business & Economics
Languages : en
Pages : 217

Get Book Here

Book Description
The Economic Impacts of Tax—Transfer Policy: Regional and Distributional Effects deals with evaluating proposed income-transfer policies through tax modeling. The book analyzes the direct and indirect effects of two variants of a negative income tax plan. These are the standard negative income tax and the Family Assistance Plan. By studying the indirect effects of income-maintenance programs on industries, occupations, and different regions, the authors point to understanding the effectiveness of alternative income-maintenance programs. Proposed changes in national taxes and transfer policies aim to achieve income redistribution. In their studies and models, the authors noted that the full impact of these tax policies throughout the income spectra covering different income classes, industries, occupations, and regions is different from that gathered from observations involving the direct effects of these schemes. The authors cite some policy implications resulting from their study, such as the redistributional impacts of direct tax-transfer scheme are not as efficient as expected and that increasing the demand for low-skilled workers and improving their job qualities is one way of improving income distribution. The text is valuable for economists and government policymakers in the finance and labor sectors, as well as for sociologists and political economists.

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description

Author: Alan S. Blinder
Publisher: Atlantic Publishers & Distri
ISBN:
Category : Business & Economics
Languages : en
Pages : 464

Get Book Here

Book Description
Monograph on public finance in the USA - includes essays on (1) analytical foundations of fiscal policy, (2) the incidence and economic implications of taxation, (3) public expenditure budgeting, and (4) state-local finance and intergovernmental fiscal relations. Graphs and references.

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498344658
Category : Business & Economics
Languages : en
Pages : 257

Get Book Here

Book Description
This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.

Author: Mr.Abdul Abiad
Publisher: International Monetary Fund
ISBN: 1484361555
Category : Business & Economics
Languages : en
Pages : 26

Get Book Here

Book Description
This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting output in countries with higher public investment efficiency and when it is financed by issuing debt.

Author: Willem H. Buiter
Publisher:
ISBN:
Category : Debts, Public
Languages : en
Pages : 81

Get Book Here

Book Description