Why Fiscal Stimulus Programs Fail, Volume 1
John J. Heim
Broschiertes Buch

Why Fiscal Stimulus Programs Fail, Volume 1

The Limits of Accommodative Monetary Policy in Practice

Versandkostenfrei!
Versandfertig in 6-10 Tagen
128,39 €
inkl. MwSt.
Weitere Ausgaben:
PAYBACK Punkte
0 °P sammeln!
This book offers a series of statistical tests to determine if the "crowd out" problem, known to hinder the effectiveness of Keynesian economic stimulus programs, can be overcome by monetary programs. It concludes there are programs that can do this, specifically "accommodative monetary policy." They were not used to any great extent prior to the Quantitative Easing program in 2008, causing the failure of many fiscal stimulus programs through no fault of their own. The book includes exhaustive statistical tests to prove this point. There is also a policy analysis section of the book. It examin...