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ISBN: 9783319901572
[ED: Buch], [PU: Springer, Berlin, Springer International Publishing, Palgrave Pivot], Neuware - This book presents alternative macroeconomic perspectives, primarily open economy, on the … Más…
2018, ISBN: 3319901575
[EAN: 9783319901572], Neubuch, [PU: Birkhauser Verlag AG, Switzerland], Language: English. Brand new Book. This book presents alternative macroeconomic perspectives, primarily open econom… Más…
2019
ISBN: 9783319901572
[ED: Buch], [PU: Springer-Verlag GmbH], Neuware - This book presents alternative macroeconomic perspectives, primarily open economy, on the limitations of discretionary fiscal policy, wi… Más…
ISBN: 9783319901572
This book presents alternative macroeconomic perspectives, primarily open economy, on the limitations of discretionary fiscal policy, with a focus on government spending. Following an ove… Más…
2018, ISBN: 3319901575
Gebundene Ausgabe Wirtschaftspolitik, Geldpolitik, Währung - Währungspolitik, Makroökonomie, Ökonomik / Makroökonomik, Politik / Recht, Staat, Verwaltung, Parteien, Entwicklung (gesellsc… Más…
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Detalles del libro - The Limits of Fiscal Activism
EAN (ISBN-13): 9783319901572
ISBN (ISBN-10): 3319901575
Tapa dura
Año de publicación: 2018
Editorial: Springer Nature
Libro en la base de datos desde 2018-03-17T03:17:18-06:00 (Mexico City)
Página de detalles modificada por última vez el 2023-02-22T05:06:01-06:00 (Mexico City)
ISBN/EAN: 9783319901572
ISBN - escritura alterna:
3-319-90157-5, 978-3-319-90157-2
Datos del la editorial
Autor: Anthony J. Makin
Título: The Limits of Fiscal Policy
Editorial: Palgrave Pivot; Springer International Publishing
121 Páginas
Año de publicación: 2018-06-07
Cham; CH
Impreso en
Peso: 0,454 kg
Idioma: Inglés
64,19 € (DE)
65,99 € (AT)
71,00 CHF (CH)
POD
XIII, 121 p. 34 illus.
BB; Economic Policy; Hardcover, Softcover / Wirtschaft/Volkswirtschaft; Wirtschaftspolitik, politische Ökonomie; Verstehen; global financial crisis; fiscal activism; economic growth; monetary policy; Keynes; Macroeconomics/Monetary Economics//Financial Economics; Economic Policy; Macroeconomics and Monetary Economics; Makroökonomie; EA; BC
Anthony J MakinRadically re-casts fiscal policy following the limited economic growth after the Global Financial Crisis
Gathers together a wide variety of perspectives on possible alternatives to fiscal activism
Considers how post GFC experience has parallels with the post-Depression experience with regard to investment uncertainty, and trade protectionism
“Tony Makin's book does a great service to modern economics. Crude Keynesians focus on effects of spending increases or tax cuts. Makin analyses the offsetting factors that exist in the real world of fiscal policy implementation. Government spending usually creates debt. Debt, especially large amounts, limits spending as lenders require interest to be paid and its repayment. Does increased government increase or decrease confidence of households and business? Another example where standard crude Keynesian analysis breaks down.” (Peter Jonson, former Head of Research, Reserve Bank of Australia)
“The attempted revival of activist fiscal policy as a response to the financial crisis of 2008 was based in part on a failure to fully appreciate the role of monetary policy and the exchange rate. In an economy with an inflation targeting central bank and floating exchange rate, there is no reason to expect fiscal policy to be effective in stabilising aggregate demand. Makin carefully elucidates the analytical foundations of this view of fiscal policy ineffectiveness in a way that is accessible to policymakers, as well as academics.” (Stephen Kirchner, Program Director, United States Studies Centre, University of Sydney)
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