Sustaining Domestic Budget Deficits in Open Economies

In both the UK and USA economies the budget deficit remains a central weakness. In the light of this problem this book presents a consistent economic framework for analysing the effects and implications of large bond-financed deficits

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Year of publication:	2002
Authors:	Langdana, Farrokh
Publisher:	Hoboken : Taylor and Francis
Subject:	Öffentliche Schulden \| Public debt \| Theorie \| Theory \| Finanzpolitik \| Fiscal policy \| Offene Volkswirtschaft \| Open economy \| Haushaltsdefizit \| Budget deficit \| Geldpolitik \| Monetary policy \| Leistungsbilanz \| Current account \| Wirtschaftspolitik \| Economic policy \| Stabilisierungspolitik \| Stabilization policy
Description of contents:	Table of Contents [gbv.de]

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Extent:	Online-Ressource (217 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Description based upon print version of record Book Cover; Title; Contents; Preface; Acknowledgements; Introduction; Interpreting budget deficits; Stabilization policies; A brief history of government expenditures and deficits from Truman to Reagan; Rational expectations and the demise of discretionary stabilization policies; Rational expectations: some common misconceptions; Supply-side economics; 'Reaganomics' and deficits: success, failure, or incomplete revolution?; Another view of the 1980s deficits; Financing budget deficits; The sustainability of deficits: model description; The solution technique for rational expectations models Sustainability under exogenous domestic moneyInternational policy co-ordination; Sustainability with endogenous money creation: case II; Some macroeconomic implications of the crash of 1987; System of equations: case I; Weiner-Kolmogorov procedure; System of equations: case II; Notes; Bibliography; Index Sustainability under exogenous domestic moneyInternational policy co-ordination; Sustainability with endogenous money creation: case II; Some macroeconomic implications of the crash of 1987; System of equations: case I; Weiner-Kolmogorov procedure; System of equations: case II; Notes; Bibliography; Index;
ISBN:	978-0-415-03735-8 ; 978-0-203-40586-4 ; 978-0-415-03735-8
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012678082