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Crowding Out Fiscal Stimulus - Testing the Effectiveness of US Government Stimulus Programs (Paperback, Softcover reprint of the original 1st ed. 2017) Loot Price: R2,942
Discovery Miles 29 420
Crowding Out Fiscal Stimulus - Testing the Effectiveness of US Government Stimulus Programs (Paperback, Softcover reprint of...

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

John J. Heim

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Loot Price R2,942 Discovery Miles 29 420 | Repayment Terms: R273 pm x 12*

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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: July 2018
First published: 2017
Authors: John J. Heim
Dimensions: 210 x 148 x 14mm (L x W x T)
Format: Paperback
Pages: 272
Edition: Softcover reprint of the original 1st ed. 2017
ISBN-13: 978-3-319-83410-8
Categories: Books > Business & Economics > Economics
Books > Business & Economics > Finance & accounting
Books > Business & Economics > Economics > Economic theory & philosophy
Books > Business & Economics > Economics > Macroeconomics
Books > Business & Economics > Economics > Political economy
Books > Business & Economics > Finance & accounting > Finance
Books > Business & Economics > Economics > Macroeconomics > General
Books > Business & Economics > Finance & accounting > Finance > Public finance
Books > Business & Economics > Finance & accounting > Finance > Public finance > General
Books > Money & Finance > Public finance
Books > Money & Finance > Public finance > General
Promotions
Books > Business & Economics > Promotions
LSN: 3-319-83410-X
Barcode: 9783319834108

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