Fiscal And Monetary Policies For Steady Economic Growth
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Fiscal And Monetary Policies For Steady Economic Growth
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Author : Committee for Economic Development
language : en
Publisher: [New York]: [s.n.]
Release Date : 1969
Fiscal And Monetary Policies For Steady Economic Growth written by Committee for Economic Development and has been published by [New York]: [s.n.] this book supported file pdf, txt, epub, kindle and other format this book has been release on 1969 with Business & Economics categories.
Fiscal And Monetary Policies For Steady Economic Growth
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Author : Committee for Economic Development (New York, N.Y.)
language : en
Publisher:
Release Date : 1969
Fiscal And Monetary Policies For Steady Economic Growth written by Committee for Economic Development (New York, N.Y.) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1969 with Fiscal policy categories.
Fiscal And Monetary Policies For Steady Economic Growth
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FREE 30 Days
Author : Committee for Economic Development
language : en
Publisher:
Release Date : 1969
Fiscal And Monetary Policies For Steady Economic Growth written by Committee for Economic Development and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1969 with categories.
USA. Statement, based on economic research by the research and policy committee of the committee for economic development, on fiscal policy and monetary policy of the federal government, with particular reference to the role thereof in achieving steady economic growth - covers full employment policy, price stability, the balance of payments, budget balance for the optimum use of resources, etc. Statistical tables.
Openness Human Development And Fiscal Policies
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Author : Delano Villanueva
language : en
Publisher: International Monetary Fund
Release Date : 1993-07-01
Openness Human Development And Fiscal Policies written by Delano Villanueva and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-07-01 with Business & Economics categories.
The model developed here postulates that learning through experience plays a critical role in raising labor productivity over time, with three major consequences. First, the steady-state growth rate (of output) becomes endogenous and is influenced by government policies. Second, the speed of adjustment to steady-state growth is faster, and enhanced learning further reduces adjustment time. Third, both steady-state growth and the optimal net rate of return to capital are higher than the sum of exogenous rates of technical change and population growth. Simulation results confirm the model’s faster speed of adjustment, while regression analysis explains a large part of divergent growth patterns across countries in terms of the extent of openness and human development and of the quality of fiscal policies.
Macroeconomic Policy And Steady Growth In China
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Author : Zhang Xiaojing
language : en
Publisher: Taylor & Francis
Release Date : 2021-09-19
Macroeconomic Policy And Steady Growth In China written by Zhang Xiaojing and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-09-19 with Business & Economics categories.
Since the appearance of macroeconomics in the 1940s, economists have created many theoretical frameworks to explain the origin and mechanism of economic fluctuations. However, few of these have managed to gain explanatory power over reality; nor can they solve real-life problems. This book proposes a new macroeconomic paradigm that makes breakthroughs in these areas. Based on a balance sheet approach and macro-financial linkage analysis, this book carries out a comprehensive analysis of the trends within China’s macroeconomy in 2020. The author argues that the COVID-19 pandemic created a great degree of uncertainty—therefore, supply-side structural reform and improved total factor productivity have been promoted to ensure a policy of steady growth. Given the declining economic growth rate in percentage terms, China has needed to adapt to a moderate increase in the leverage ratio while applying more effective fiscal policies to achieve a dynamic balance between stable growth and risk prevention. Scholars and students of economics and finance, especially Chinese economics, will find this book a useful reference.
China S Monetary Policy Regulation And Financial Risk Prevention
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Author : Hui Zhou
language : en
Publisher:
Release Date : 2015
China S Monetary Policy Regulation And Financial Risk Prevention written by Hui Zhou and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Financial risk management categories.
From Uneconomic Growth To A Steady State Economy
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Author : Herman E. Daly
language : en
Publisher: Edward Elgar Publishing
Release Date : 2014-11-28
From Uneconomic Growth To A Steady State Economy written by Herman E. Daly and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-11-28 with Business & Economics categories.
øEditorial-style policy essays substantiate Daly�s argument and he provides specific application of steady-state economics to important current issues, including monetary reform, tax reform, international trade and population. The book also includes di
Macroeconomic Policy
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Author : Martin Weale
language : en
Publisher: Routledge
Release Date : 2015-10-05
Macroeconomic Policy written by Martin Weale and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-10-05 with Business & Economics categories.
This analysis of macroeconomic policy, originally published in 1989, argues that key government objectives, such as reduced inflation, decreased unemployment and an adequate level of national saving can be achieved only by employing both monetary and fiscal policies, in conjunction with supply-side policies expressly designed to improve the workings of the labour market. Part 1 is a comparative analysis showing the effects of monetary and fiscal policy on the economy. Real-wage rigidity in the labour market is shown to have important consequences for the working of both types of policy, because it conditions the economy’s response to tax changes. Part 2 presents an econometric model which combines consistent stock-flow accounts with a full range of expectational effects. Part 3 presents an innovative technique for solving rational expectations models with the need for arbitary terminal conditions.
Fiscal Policy Public Expenditure Composition And Growth
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Author : Willi Semmler
language : en
Publisher: World Bank Publications
Release Date : 2007
Fiscal Policy Public Expenditure Composition And Growth written by Willi Semmler and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Access to Finance categories.
Abstract: This paper responds to the development policy debate involving the World Bank and the IMF on the use of fiscal policy not only for economic stabilization but also to promote economic growth and increase per capita income. A key issue in this debate relates to the effect of the composition of public expenditure on economic growth. Policy makers and some researchers have argued that expenditure on growth-enhancing functions could enhance future revenue and justify the provision of "fiscal space" in the budget. But there are no simple ways to identify the growth-maximizing composition of public expenditure. The current paper lays out a research strategy to explore the effects of fiscal policy, including the composition of public expenditure, on economic growth, using a time series approach. Based on the modeling strategy of Greiner, Semmler and Gong (2005) we develop a general model that features a government that undertakes public expenditure on (a) education and health facilities which enhance human capital, (b) public infrastructure such as roads and bridges necessary for market activity, (c) public administration to support government functions, (d) transfers and public consumption facilities, and (e) debt service. The proposed model is numerically solved, calibrated and the impact of the composition of public expenditure on the long-run per capita income explored for low-, lower-middle- and upper-middle-income countries. Policy implications and practical policy rules are spelled out, the extension to an estimable model indicated, a debt sustainability test proposed, and the out-of-steady-state dynamics studied.
The Economics Of Growth
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Author : Philippe Aghion
language : en
Publisher: MIT Press
Release Date : 2008-12-19
The Economics Of Growth written by Philippe Aghion and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-12-19 with Business & Economics categories.
A comprehensive, rigorous, and up-to-date introduction to growth economics that presents all the major growth paradigms and shows how they can be used to analyze the growth process and growth policy design. This comprehensive introduction to economic growth presents the main facts and puzzles about growth, proposes simple methods and models needed to explain these facts, acquaints the reader with the most recent theoretical and empirical developments, and provides tools with which to analyze policy design. The treatment of growth theory is fully accessible to students with a background no more advanced than elementary calculus and probability theory; the reader need not master all the subtleties of dynamic programming and stochastic processes to learn what is essential about such issues as cross-country convergence, the effects of financial development on growth, and the consequences of globalization. The book, which grew out of courses taught by the authors at Harvard and Brown universities, can be used both by advanced undergraduate and graduate students, and as a reference for professional economists in government or international financial organizations. The Economics of Growth first presents the main growth paradigms: the neoclassical model, the AK model, Romer's product variety model, and the Schumpeterian model. The text then builds on the main paradigms to shed light on the dynamic process of growth and development, discussing such topics as club convergence, directed technical change, the transition from Malthusian stagnation to sustained growth, general purpose technologies, and the recent debate over institutions versus human capital as the primary factor in cross-country income differences. Finally, the book focuses on growth policies—analyzing the effects of liberalizing market competition and entry, education policy, trade liberalization, environmental and resource constraints, and stabilization policy—and the methodology of growth policy design. All chapters include literature reviews and problem sets. An appendix covers basic concepts of econometrics.