Fiscal and Monetary Policies for Steady Economic Growth PDF Download
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Author: Committee for Economic Development
Publisher: [New York]: [s.n.]
ISBN:
Category : Business & Economics
Languages : en
Pages : 100
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Book Description
Author: Committee for Economic Development
Publisher: [New York]: [s.n.]
ISBN:
Category : Business & Economics
Languages : en
Pages : 100
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Book Description
Author: Committee for Economic Development
Publisher:
ISBN: 9780871860323
Category :
Languages : en
Pages : 0
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Book Description
USA. Statement, based on economic research by the research and policy committee of the committee for economic development, on fiscal policy and monetary policy of the federal government, with particular reference to the role thereof in achieving steady economic growth - covers full employment policy, price stability, the balance of payments, budget balance for the optimum use of resources, etc. Statistical tables.
Author: Committee for Economic Development (New York, N.Y.)
Publisher:
ISBN:
Category : Fiscal policy
Languages : en
Pages : 36
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Book Description
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498344658
Category : Business & Economics
Languages : en
Pages : 257
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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: Delano Villanueva
Publisher: International Monetary Fund
ISBN: 1451965788
Category : Business & Economics
Languages : en
Pages : 36
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Book Description
The model developed here postulates that learning through experience plays a critical role in raising labor productivity over time, with three major consequences. First, the steady-state growth rate (of output) becomes endogenous and is influenced by government policies. Second, the speed of adjustment to steady-state growth is faster, and enhanced learning further reduces adjustment time. Third, both steady-state growth and the optimal net rate of return to capital are higher than the sum of exogenous rates of technical change and population growth. Simulation results confirm the model’s faster speed of adjustment, while regression analysis explains a large part of divergent growth patterns across countries in terms of the extent of openness and human development and of the quality of fiscal policies.
Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 36
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Book Description
Author: Herman E. Daly
Publisher: Edward Elgar Publishing
ISBN: 1783479973
Category : Business & Economics
Languages : en
Pages : 266
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Book Description
øEditorial-style policy essays substantiate Daly�s argument and he provides specific application of steady-state economics to important current issues, including monetary reform, tax reform, international trade and population. The book also includes di
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451844239
Category : Business & Economics
Languages : en
Pages : 33
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Book Description
Recently, monetary authorities have increasingly focused on implementing policies to ensure price stability and strengthen central bank independence. Simultaneously, in the fiscal area, market development has allowed public debt managers to focus more on cost minimization. This “divorce” of monetary and debt management functions in no way lessens the need for effective coordination of monetary and fiscal policy if overall economic performance is to be optimized and maintained in the long term. This paper analyzes these issues based on a review of the relevant literature and of country experiences from an institutional and operational perspective.
Author: Duncan K. Foley
Publisher: [New York] : Macmillan
ISBN:
Category : Fiscal policy
Languages : en
Pages : 328
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Book Description
October 2004
Author: Richard Hemming
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 60
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Book Description
This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.
