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Books > Business & Economics > Economics > Macroeconomics

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Crowding Out Fiscal Stimulus - Testing the Effectiveness of US Government Stimulus Programs (Hardcover, 1st ed. 2017) Loot Price: R4,315

Discovery Miles 43 150

Repayment Terms: R404 pm x 12*

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Crowding Out Fiscal Stimulus - Testing the Effectiveness of US Government Stimulus Programs (Hardcover, 1st ed. 2017): John J....

Crowding Out Fiscal Stimulus - Testing the Effectiveness of US Government Stimulus Programs (Hardcover, 1st ed. 2017)

John J. Heim

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Loot Price R4,315 Discovery Miles 43 150 | Repayment Terms: R404 pm x 12*

Expected to ship within 12 - 19 working days

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This book presents overwhelming evidence that US government stimulus programs over the past fifty years have not worked. Using the best and most modern econometric testing models, it applies 228 separate hard science tests to examine the effects of different stimulus models that should, in theory, have shown positive results. By testing every possible alternative interpretation, starting with one time period and then retesting in three additional time periods, this definitive study finds that even when favoring pro-stimulus Keynesian models, public financing through government tax cuts and spending increase programs is more likely to drive down - or "crowd out" - as much private sector spending as it stimulates in the public sector.

General

Imprint:	Springer International Publishing AG
Country of origin:	Switzerland
Release date:	December 2016
First published:	2017
Authors:	John J. Heim
Dimensions:	210 x 148 x 23mm (L x W x T)
Format:	Hardcover
Pages:	272
Edition:	1st ed. 2017
ISBN-13:	978-3-319-45966-0
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Business & Economics > Economics > Political economy Books > Business & Economics > Economics > Macroeconomics > General Promotions
LSN:	3-319-45966-X
Barcode:	9783319459660