| 書目名稱 | Why Fiscal Stimulus Programs Fail, Volume 2 | | 副標題 | Statistical Tests Co | | 編輯 | John J. Heim | | 視頻video | http://file.papertrans.cn/1029/1028133/1028133.mp4 | | 概述 | Tests the assertion that accommodative monetary policy can eliminate the "crowd out" problem" in fiscal stimulus programs.Provides the largest scale scientific test on fiscal stimulus programs, with a | | 圖書封面 |  | | 描述 | This book scientifically tests the assertion that accommodative monetary policy can eliminate the “crowd out” problem, allowing fiscal stimulus programs (such as tax cuts or increased government spending) to stimulate the economy as intended. It also tests to see if natural growth in th economy can cure the crowd out problem as well or better. The book is intended to be the largest scale scientific test ever performed on this topic. It includes about 800 separate statistical tests on the U.S. economy testing different parts or all of the period 1960 – 2010. These tests focus on whether accommodative monetary policy, which increases the pool of loanable resources, can offset the crowd out problem as well as natural growth in the economy. The book, employing the best scientific methods available to economists for this type of problem, concludes accommodate monetary policy .could. have, but until the quantitative easing program, Federal Reserve efforts to accommodate fiscal stimulusprograms were not large enough to offset more than 23% to 44% of any one year’s crowd out problem. That provides the science part of the answer as to why accommodative monetary policy didn’t accommodate: to | | 出版日期 | Book 2021 | | 關(guān)鍵詞 | Keynes; US Macroeconomic Policy; Fiscal Stimulus; Accomodative Monetary Policy; Monetary Policy; Quantita | | 版次 | 1 | | doi | https://doi.org/10.1007/978-3-030-64727-8 | | isbn_softcover | 978-3-030-64729-2 | | isbn_ebook | 978-3-030-64727-8 | | copyright | The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl |
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書目名稱Why Fiscal Stimulus Programs Fail, Volume 2被引頻次
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