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...

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...