Fiscal Policy after the Financial Crisis

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Author :
Publisher : University of Chicago Press
ISBN 13 : 022601844X
Total Pages : 596 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Fiscal Policy after the Financial Crisis by : Alberto Alesina

Download or read book Fiscal Policy after the Financial Crisis written by Alberto Alesina and published by University of Chicago Press. This book was released on 2013-06-25 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on highly political issues like tax rates and government spending. At the heart of the debate are fiscal multipliers, whose size and sensitivity determine the power of such policies to influence economic growth. Fiscal Policy after the Financial Crisis focuses on the effects of fiscal stimuli and increased government spending, with contributions that consider the measurement of the multiplier effect and its size. In the face of uncertainty over the sustainability of recent economic policies, further contributions to this volume discuss the merits of alternate means of debt reduction through decreased government spending or increased taxes. A final section examines how the short-term political forces driving fiscal policy might be balanced with aspects of the long-term planning governing monetary policy. A direct intervention in timely debates, Fiscal Policy after the Financial Crisis offers invaluable insights about various responses to the recent financial crisis.

The General Theory of Employment, Interest, and Money

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Author :
Publisher : Springer
ISBN 13 : 3319703447
Total Pages : 430 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis The General Theory of Employment, Interest, and Money by : John Maynard Keynes

Download or read book The General Theory of Employment, Interest, and Money written by John Maynard Keynes and published by Springer. This book was released on 2018-07-20 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.

Fiscal Policy and Long-Term Growth

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498344658
Total Pages : 257 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Fiscal Policy and Long-Term Growth by : International Monetary Fund

Download or read book Fiscal Policy and Long-Term Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.

Coordination of Monetary and Fiscal Policies

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451844239
Total Pages : 33 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Coordination of Monetary and Fiscal Policies by : International Monetary Fund

Download or read book Coordination of Monetary and Fiscal Policies written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-03-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, monetary authorities have increasingly focused on implementing policies to ensure price stability and strengthen central bank independence. Simultaneously, in the fiscal area, market development has allowed public debt managers to focus more on cost minimization. This “divorce” of monetary and debt management functions in no way lessens the need for effective coordination of monetary and fiscal policy if overall economic performance is to be optimized and maintained in the long term. This paper analyzes these issues based on a review of the relevant literature and of country experiences from an institutional and operational perspective.

Economic planning and fiscal-monetary policies

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Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (933 download)

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Book Synopsis Economic planning and fiscal-monetary policies by :

Download or read book Economic planning and fiscal-monetary policies written by and published by . This book was released on 1970 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Monetary Policy and Medium-term Fiscal Planning

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Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (3 download)

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Book Synopsis Monetary Policy and Medium-term Fiscal Planning by : Canada. Economic and Fiscal Policy Branch

Download or read book Monetary Policy and Medium-term Fiscal Planning written by Canada. Economic and Fiscal Policy Branch and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monetary policy, fiscal policy, simulations, output, inflation, calibration methodology, stochastic simulation, sensitivity analysis.

Financial Policies

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Author :
Publisher : Gfoa
ISBN 13 : 9780891252702
Total Pages : 155 pages
Book Rating : 4.2/5 (527 download)

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Book Synopsis Financial Policies by : Shayne Kavanagh

Download or read book Financial Policies written by Shayne Kavanagh and published by Gfoa. This book was released on 2004 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fiscal Policy Planning and Management in Nigeria

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Author :
Publisher :
ISBN 13 :
Total Pages : 356 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Fiscal Policy Planning and Management in Nigeria by : Oluranti S. Komolafe

Download or read book Fiscal Policy Planning and Management in Nigeria written by Oluranti S. Komolafe and published by . This book was released on 1999 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fiscal and Monetary Policy in Planning

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Author :
Publisher :
ISBN 13 :
Total Pages : 8 pages
Book Rating : 4.:/5 (835 download)

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Book Synopsis Fiscal and Monetary Policy in Planning by : Khagendranath N. Bhattacharyya

Download or read book Fiscal and Monetary Policy in Planning written by Khagendranath N. Bhattacharyya and published by . This book was released on 1951* with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Understanding Fiscal Policy

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Author :
Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Understanding Fiscal Policy by : United States. Congressional Budget Office

Download or read book Understanding Fiscal Policy written by United States. Congressional Budget Office and published by . This book was released on 1978 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Monetary Policy to Combat Inflation

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Author :
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.M/5 ( download)

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Book Synopsis Monetary Policy to Combat Inflation by : National Planning Association

Download or read book Monetary Policy to Combat Inflation written by National Planning Association and published by . This book was released on 1952 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Federal Reserve System Purposes and Functions

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Author :
Publisher :
ISBN 13 : 9780894991967
Total Pages : 0 pages
Book Rating : 4.9/5 (919 download)

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Book Synopsis The Federal Reserve System Purposes and Functions by : Board of Governors of the Federal Reserve System

Download or read book The Federal Reserve System Purposes and Functions written by Board of Governors of the Federal Reserve System and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.

Economic Planning and Policies in Britain, France and Germany

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Author :
Publisher : Routledge
ISBN 13 : 1351854976
Total Pages : 563 pages
Book Rating : 4.3/5 (518 download)

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Book Synopsis Economic Planning and Policies in Britain, France and Germany by : Geoffrey Denton

Download or read book Economic Planning and Policies in Britain, France and Germany written by Geoffrey Denton and published by Routledge. This book was released on 2017-06-14 with total page 563 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the innovations of economic policy in the UK, France and Germany in the 1960s, this book originally published in 1968, assesses the degree of success of these policies and draws conclusion for the oreintation of future policy. The book contrasts the long history of national planning in France with the equally long history of anti-p[lanning ideology in Germany and by close examination of the actual policies, brings out the relaities that lie behind the public attitudes. It discusses the problems which lead to planning interventions, followed by a chapter on the UK, France and Germany. It examines in details particular adaptations of policy: namely quantitative programming, monetary policy, fiscal policy, public expenditures, regional policy, prices and incomes policy and the balance of payments, comparing developments in all 3 countries. It also looks at the beginning of economic planning at the level of the EEC, with particular implications for British entry.

Fiscal Policy During the Demise of Central Planning

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451951418
Total Pages : 32 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Fiscal Policy During the Demise of Central Planning by : Mr.Andrew Feltenstein

Download or read book Fiscal Policy During the Demise of Central Planning written by Mr.Andrew Feltenstein and published by International Monetary Fund. This book was released on 1990-10-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper constructs an intertemporal general equilibrium model designed to examine an economy in transition from central planning to being market oriented. A numerical algorithm is developed to obtain a solution for the model. Simulations using stylized country-specific data examine the effects of price controls during the transition period, as well as of imposing taxes on returns to investment, and on interest earned on private savings. The paper concludes that, under certain circumstances, the taxation of investment as well as of private savings may have positive effects upon consumer welfare, if price distortions are sufficiently severe.

Generic study on Monetary and Fiscal policy co-ordination

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3640942760
Total Pages : 27 pages
Book Rating : 4.6/5 (49 download)

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Book Synopsis Generic study on Monetary and Fiscal policy co-ordination by : Vijayakumar Honnungar

Download or read book Generic study on Monetary and Fiscal policy co-ordination written by Vijayakumar Honnungar and published by GRIN Verlag. This book was released on 2011-06-23 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2010 in the subject Economics - Finance, grade: A, The ESC Rennes School of Business (-), course: MSc, language: English, abstract: This paper attempts to study the importance of both Monetary Policy and Fiscal Policy in the international context. And also to understand the chemistry between Monetary and Fiscal policy and extent to which the coordination can be achieved. In any open economy, Monetary policy is designed, formulated and being conducted by the central Bank, wherein the National Planning or Ministry of Finance of the respective country is responsible for designing, formulating and conducting the Fiscal policy for the nation. This research paper finds that there is a close linkage between Monetary and Fiscal policy and hence the proper coordination leads to addressing today's biggest talk of nation‟s deficit. Currently there is an abundance of literature available on both Monetary and Fiscal policy. There is also good number of books available containing plethora of information on the subject. This research paper addresses the importance, impact, and issues of Monetary and Fiscal policy in open economy.

The Chicago Plan Revisited

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1475505523
Total Pages : 71 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis The Chicago Plan Revisited by : Mr.Jaromir Benes

Download or read book The Chicago Plan Revisited written by Mr.Jaromir Benes and published by International Monetary Fund. This book was released on 2012-08-01 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the height of the Great Depression a number of leading U.S. economists advanced a proposal for monetary reform that became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, by requiring 100% reserve backing for deposits. Irving Fisher (1936) claimed the following advantages for this plan: (1) Much better control of a major source of business cycle fluctuations, sudden increases and contractions of bank credit and of the supply of bank-created money. (2) Complete elimination of bank runs. (3) Dramatic reduction of the (net) public debt. (4) Dramatic reduction of private debt, as money creation no longer requires simultaneous debt creation. We study these claims by embedding a comprehensive and carefully calibrated model of the banking system in a DSGE model of the U.S. economy. We find support for all four of Fisher's claims. Furthermore, output gains approach 10 percent, and steady state inflation can drop to zero without posing problems for the conduct of monetary policy.

The Effectiveness of Fiscal Policy in Stimulating Economic Activity

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Effectiveness of Fiscal Policy in Stimulating Economic Activity by : Richard Hemming

Download or read book The Effectiveness of Fiscal Policy in Stimulating Economic Activity written by Richard Hemming and published by International Monetary Fund. This book was released on 2002-12 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.