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Titlebook: Why Fiscal Stimulus Programs Fail, Volume 2; Statistical Tests Co John J. Heim Book 2021 The Editor(s) (if applicable) and The Author(s), u

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發(fā)表于 2025-3-21 16:35:27 | 只看該作者 |倒序?yàn)g覽 |閱讀模式
書目名稱Why Fiscal Stimulus Programs Fail, Volume 2
副標(biāo)題Statistical Tests Co
編輯John J. Heim
視頻videohttp://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Titlebook: Why Fiscal Stimulus Programs Fail, Volume 2; Statistical Tests Co John J. Heim Book 2021 The Editor(s) (if applicable) and The Author(s), u
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
doihttps://doi.org/10.1007/978-3-030-64727-8
isbn_softcover978-3-030-64729-2
isbn_ebook978-3-030-64727-8
copyrightThe Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl
The information of publication is updating

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發(fā)表于 2025-3-22 00:06:47 | 只看該作者
The Role of Primary Dealers, Investment Banks and Foreign Banks in Federal Reserve Efforts to Changempares the effectiveness of securities purchases from investment banks with that of commercial and savings banks to determine which is more effective in stimulating the economy and concludes commercial and savings banks are more effective. Purchases from foreign banks are also found to be less effective.
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發(fā)表于 2025-3-23 03:46:09 | 只看該作者
Theory of Crowd Out and Accommodative Monetary PolicyThis chapter develops a mathematical theoretical model of how crowd out negatively affects consumer and business spending, and how increases in loanable funds can offset crowd out. The theory is also presented in literary form.
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發(fā)表于 2025-3-23 07:45:07 | 只看該作者
Does M1 More Accurately Define the Extent to Which Crowd Out Can Be Modified Than Total Loanable FunThis chapter examines the effect of M1 and both endogenous and exogenous loanable funds availability on GDP an concludes FR purchases have the stronger positive effect.
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