The Economic Theory Of Fiscal Policy

Author : Bent Hansen
Publisher : Routledge
Page : 469 pages
File Size : 45,5 Mb
Release : 2014-04-04
Category : Business & Economics
ISBN : 9781317833512

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The Economic Theory of Fiscal Policy by Bent Hansen Pdf

The book explores whether fiscal policies can secure full employment without inflation, one of the key questions in economics after Keynes. Part 1, General Theory of Public Finance and Fiscal Policy, discusses Ends and Means in economic policy. The results of this ends-means analysis are applied to fiscal policy. Part 2, Microeconomics, deals with the impact of fiscal measures on the behaviour of the individual household, firm and other organization, concentrating on the effects on consumption and saving. Part 3, Macroeconomics, considers how the problem of keeping the price-level constant and the labour market in equilibrium at full employment may be solved by means of fiscal and monetary measures. Problems connected with the volume of investments and the balance of payments are considered simultaneously.

Author : Alan T. Peacock,Graham Keith Shaw
Publisher : Unknown
Page : 202 pages
File Size : 41,8 Mb
Release : 1976
Category : Political Science
ISBN : STANFORD:36105036490295

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The Economic Theory of Fiscal Policy by Alan T. Peacock,Graham Keith Shaw Pdf

Review of the economics of fiscal policy which takes account of some major post-keynesian developments in macroeconomic models.

Author : ALAN. PEACOCK,G K Shaw
Publisher : Routledge
Page : 0 pages
File Size : 41,5 Mb
Release : 2024-09-02
Category : Business & Economics
ISBN : 1032821728

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The Economic Theory of Fiscal Policy by ALAN. PEACOCK,G K Shaw Pdf

Originally published in 1971, this book uses the famous Tinbergen/Theil approach to the theory of economic policy, demonstrating the place of fiscal policy in a realistic policy context. The volume marries analytical developments in macroeconomics to the influence on the economy of the system of public finance. Attention is given to the problem co-ordinating fiscal policy with other policy instruments, notably monetary policy. A final chapter discusses the problems encountered in applying fiscal policy models to real situations.

Author : Alan T. 1922- Peacock (author)
Publisher : Unknown
Page : 0 pages
File Size : 45,7 Mb
Release : 1976
Category : Electronic
ISBN : OCLC:1331023362

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The economic theory of fiscal policy by Alan T. 1922- Peacock (author) Pdf

Author : Alan T. Peacock,G. K. Shaw
Publisher : Unknown
Page : 192 pages
File Size : 53,8 Mb
Release : 2024-06-30
Category : Electronic
ISBN : 0608119296

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The Economic Theory of Fiscal Policy by Alan T. Peacock,G. K. Shaw Pdf

Author : Bent Hansen
Publisher : Unknown
Page : 450 pages
File Size : 43,9 Mb
Release : 1967
Category : Electronic
ISBN : OCLC:186161080

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The Economic Theory of Fiscal Policy by Bent Hansen Pdf

Author : Victor A. Canto,Douglas H. Joines,Arthur B. Laffer
Publisher : Academic Press
Page : 300 pages
File Size : 52,5 Mb
Release : 2014-05-10
Category : Business & Economics
ISBN : 9781483271576

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Foundations of Supply-Side Economics by Victor A. Canto,Douglas H. Joines,Arthur B. Laffer Pdf

Foundations of Supply-Side Economics: Theory and Evidence is composed of a series of papers containing both theoretical and empirical analyses of a set of issues in government fiscal policy. The type of analysis employed in the book is standard neoclassical economics, and this analysis is used to study the macroeconomic incentive effects of taxation. The book contains contributions that cover the analysis of the effects of taxes imposed purely for generating revenues; the process of capital formation; and an attempt to integrate supply-side analysis into a traditional macroeconomic framework. Reports on the empirical evidence on taxation and economic activity and the estimation of a small macroeconomic model of the United States for the postwar period; description of a method of calculating effective marginal tax rates on factor incomes using available U.S. data; and the estimation of the effect of fiscal policy on private investment in plant and equipment are presented as well. Economists will find the book highly insightful.

Author : Bent Hansen
Publisher : Unknown
Page : 450 pages
File Size : 44,9 Mb
Release : 1967
Category : Electronic
ISBN : OCLC:630427566

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The economic theory of fiscal policy by Bent Hansen Pdf

Author : Graham Keith Shaw
Publisher : Palgrave
Page : 76 pages
File Size : 44,9 Mb
Release : 1972
Category : Fiscal policy
ISBN : 0333132742

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Fiscal Policy by Graham Keith Shaw Pdf

Author : Jacob A. Frenkel
Publisher : University of Chicago Press
Page : 422 pages
File Size : 46,7 Mb
Release : 2007-12-01
Category : Business & Economics
ISBN : 9780226262543

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International Aspects of Fiscal Policies by Jacob A. Frenkel Pdf

This volume brings together nine papers from a conference on international macroeconomics sponsored by the NBER in 1985. International economists as well as graduate students in the fields of global monetary economics, finance, and macroeconomics will find this an outstanding contribution to current research. It includes two commentaries for each paper, written by experts in the field, and Frenkel's detailed introduction, which serves as a reader's guide to the arguments made, the models employed, and the issues raised by each contributor. The studies analyze national fiscal policies within the context of the international economic order. Malcolm D. Knight and Paul R. Masson use an empirical model to show that fiscal changes in recent years in the United States, West Germany, and Japan have caused major disturbances in net savings and investment flows. Linda S. Kole uses a two-country simulation model to examine the effects of a large nation's expansion on exchange rates, interest rates, and the balance of payments. In other studies, Warwick J. McKibbin and Jeffrey D. Sachs discuss the influences of different currency regimes on the international transmission of inflation; Kent P. Kimbrough analyzes the interaction between optimal tax policies and international trade; Sweder van Wijnbergen investigates the interrelation of fiscal policies, trade intervention, and world interest rates; and Willem H. Buiter uses an analytical model to look at fiscal interdependence and optimal policy design. David Backus, Michael Devereux, and Douglas Purvis develop a theoretical model to investigate effects of different fiscal policies in an open economy. Alan C. Stockman looks at the influence of policy anticipation in the private sector, while Lawrence H. Summers shows the effects of differential tax policy on international competitiveness.

Author : John H. Cochrane
Publisher : Princeton University Press
Page : 584 pages
File Size : 44,8 Mb
Release : 2023-01-17
Category : Business & Economics
ISBN : 9780691242248

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The Fiscal Theory of the Price Level by John H. Cochrane Pdf

"Inflation, in which all prices and wages in an economy rise, is mysterious. If a war breaks out in the Middle East, and the price of oil goes up, the mechanism is no great mystery-supply and demand often work pretty visibly. But if you ask the grocer why the price of bread is higher, he or she will blame the wholesaler, who will blame the baker, who will blame the wheat supplier, and so on. Perhaps the ultimate cause is a government printing more money, but there is really no way to know this for certain but to sit down in an office with statistics, armed with some decent economic theory. But current economic theory doesn't really explain why we haven't seen inflation for so long, and more and more economists think that current theory doesn't hold together, or provide much guidance for how central banks should behave if inflation does break out. Many also worry that central banks have much less power over the economy than they think they do, and much less understanding of the mechanism behind what power they do have. The Fiscal Theory of the Price Level is a comprehensive new approach to monetary policy. Economist John Cochrane argues that money has value because the government accepts it for tax payments. This insight, he argues, leads to a deep re-reading of monetary policy and institutions. Inflation comes when a government is unable to repay its debts, rather than from mismanagement of the split of debt between money and bonds. In the book, he will analyze institutional design, historical episodes, and compare fiscal theory to the Keynesian and new-Keynesian theory based on interest rate targets, and to monetarism. The book offers an overview and introduction to the range of contemporary monetary economics and history of thought as well as the fiscal theory"--

Author : Holger Sieg
Publisher : Princeton University Press
Page : 128 pages
File Size : 51,5 Mb
Release : 2020-08-04
Category : Business & Economics
ISBN : 9780691199979

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Urban Economics and Fiscal Policy by Holger Sieg Pdf

An innovative advanced-undergraduate and graduate-level textbook in urban economics With more than half of today’s global GDP being produced by approximately four hundred metropolitan centers, learning about the economics of cities is vital to understanding economic prosperity. This textbook introduces graduate and upper-division undergraduate students to the field of urban economics and fiscal policy, relying on a modern approach that integrates theoretical and empirical analysis. Based on material that Holger Sieg has taught at the University of Pennsylvania, Urban Economics and Fiscal Policy brings the most recent insights from the field into the classroom. Divided into short chapters, the book explores fiscal policies that directly shape economic issues in cities, such as city taxes, the provision of quality education, access to affordable housing, and protection from crime and natural hazards. For each issue, Sieg offers questions, facts, and background; illuminates how economic theory helps students engage with topics; and presents empirical data that shows how economic ideas play out in daily life. Throughout, the book pushes readers to think critically and immediately put what they are learning to use by applying cutting-edge theory to data. A much-needed resource for students and policymakers, Urban Economics and Fiscal Policy offers a unique approach to a vital and fast-growing area of economic study. Introduces advanced-undergraduate and graduate students to urban economics Presents the latest theoretical and empirical research Applies economic tools to real-world issues, including housing, labor, education, crime, and the environment Explains and uses simple economic models and quantitative analysis

Author : Assaf Razin,Helga Zichner
Publisher : Springer
Page : 583 pages
File Size : 53,7 Mb
Release : 1987-03-02
Category : Business & Economics
ISBN : 9781349185849

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Economic Policy in Theory and Practice by Assaf Razin,Helga Zichner Pdf

Author : Stephanie Kelton
Publisher : PublicAffairs
Page : 311 pages
File Size : 53,7 Mb
Release : 2020-06-09
Category : Business & Economics
ISBN : 9781541736207

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The Deficit Myth by Stephanie Kelton Pdf

A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.

Author : Vito Tanzi
Publisher : CEPS
Page : 18 pages
File Size : 53,7 Mb
Release : 2006
Category : Fiscal policy
ISBN : 9789290796510

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Fiscal Policy by Vito Tanzi Pdf