Automatic Fiscal Policies to Combat Recessions (Hardcover)

This timely book offers bold new fiscal policy options that can complement current automatic stabilizers and counter-cyclical monetary policy to combat recessions. Dr. Seidman acknowledges that most economists are justifiably skeptical of Congress's ability to implement discretionary counter-cyclical fiscal policy in a timely and effective manner, as indicated by the government's heavy reliance on monetary policy to stabilize the economy in recent decades. He argues for an independent fiscal policy board or the Federal Reserve to decide changes in the magnitude of Congress's fiscal policy package of stimulus or restraint. Any recommendations would go into effect immediately without a congressional vote, subject only to congressional override. With thought provoking proposals like this, Dr. Seidman provides a fresh look at practical fiscal policy tools based on the most prominent research in the field.

General

Imprint:	Routledge
Country of origin:	United Kingdom
Release date:	February 2003
First published:	2003
Authors:	Laurence S. Seidman
Dimensions:	230 x 161 x 23mm (L x W x T)
Format:	Hardcover
Pages:	248
ISBN-13:	978-0-7656-1110-9
Categories:	Books > Business & Economics > Economics > Macroeconomics > Monetary economics Books > Business & Economics > Finance & accounting > Finance > Public finance > General Books > Money & Finance > Public finance > General
LSN:	0-7656-1110-4
Barcode:	9780765611109

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