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This book presents overwhelming evidence that US government stimulus programs over the past fifty years have not worked. Using the best and most modern econometric testing models, it applies 228 separate hard science tests to examine the effects of different stimulus models that should, in...
Persistent link: https://www.econbiz.de/10012397355
This book comprehensively and scientifically tests the assertion that accommodative monetary policy can eliminate the "crowd out" problem, allowing fiscal stimulus programs (such as tax cuts or increased government spending) to stimulate the economy as intended. The book is intended to be the...
Persistent link: https://www.econbiz.de/10012406111
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...
Persistent link: https://www.econbiz.de/10012406113
Part-1: Introductory Chapter -- chapter 1: Introduction -- Chapter 2: Literature Review -- Chapter 3: Methodology.-Part-2: Theory of crowd out and accommodative monetary policy -- Chapter 4: Theory of Crowd Out and Accommodative Monetary Policy -- chapter 5: A Simplified Balance Sheet View of...
Persistent link: https://www.econbiz.de/10012496216
Persistent link: https://www.econbiz.de/10011580403
of Pharmacy, Albany, NY, USA This book comprehensively and scientifically tests the assertion that accommodative monetary … University of Albany-SUNY, and retired Clinical Professor of Economics at Rensselaer Polytechnic Institute, both in New York, USA. …
Persistent link: https://www.econbiz.de/10012496222