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Automatic Fiscal Policies to Combat Recessions

Seidman, Laurence S. - 2015

Drawing on the most prominent research in the field, this timely book offers bold new fiscal policies that can complement current automatic stabilizers and counter-cyclical monetary policy to help combat recessions. Dr. Seidman argues for an independent fiscal policy board or the Federal Reserve...

Persistent link: https://www.econbiz.de/10012031938

The defining moment : the Great Depression and the American economy in the twentieth century

Bordo, Michael D. (ed.); Goldin, Claudia (ed.); … - 1998

Depression, the "moment" to which most historians and economists connect the origins of the fiscal, monetary, and social policies … Depression a watershed period in the history of the American economy? This volume organizes twelve scholars' responses into four … Depression, specifically during World War I. Some chapters find that, surprisingly, in certain areas such as labor organization …

Persistent link: https://www.econbiz.de/10013042247

ECCU Business Cycles

Sun, Yan - 2009

With a fixed peg to the U.S. dollar for more than three decades, the tourism-dependent Eastern Caribbean Currency Union (ECCU) countries share a close economic relationship with the U.S. This paper analyzes the impact of the United States on ECCU business cycles and identifies possible...

Persistent link: https://www.econbiz.de/10012677751

Macroeconomic Fluctuations in the Caribbean

Sosa, Sebastian - 2009

This paper develops country-specific VAR models with block exogeneity restrictions to analyze how exogenous factors affect business cycles in the Eastern Caribbean. It finds that external shocks play a key role, explaining more than half of macroeconomic fluctuations in the region. Domestic...

Persistent link: https://www.econbiz.de/10012677819

Fiscal Cycles in the Caribbean

Araujo, Juliana Dutra - 2009

The sharp increase in debt in the Caribbean since the mid-1990s has focused attention on the conduct of fiscal policy in the region. This paper aims to diagnose how fiscal policy has behaved during this period by looking at three main cycles of the economy: the business, election, and natural...

Persistent link: https://www.econbiz.de/10012677820

International Evidence on Recovery from Recessions

Cerra, Valerie - 2009

Although negative shocks have persistent effects on output on average, this paper shows that macroeconomic policies and the structure of the economy can influence the speed of recovery and mitigate the persistence of the shock. Indeed, monetary and fiscal stimulus and foreign aid can spur a...

Persistent link: https://www.econbiz.de/10012677840

The Drivers of Housing Cycles in Spain

Rabanal, Pau - 2009

Since Spain joined the EMU, two main important factors behind the housing boom appear to be the decrease of nominal interest rates and demographic factors. In this paper we estimate a New Keynesian model of a currency area, using data for Spain and the rest of the EMU to study the importance of...

Persistent link: https://www.econbiz.de/10012677870

Working Scared (Or Not at All) : The Lost Decade, Great Recession, and Restoring the Shattered American Dream

Van Horn, Carl E. - 2014

<span><span>Working Scared will help citizens, policy makers, educators, business, union, and community leaders better understand what is happening to the United States workforce. It also describes the essential national priorities and policies that will assist in restoring the American dream of secure...</span></span>

Persistent link: https://www.econbiz.de/10012678334

Economic Lessons of the 1930s

Arndt, H. W. - 2014

Persistent link: https://www.econbiz.de/10012678412

Japan's bubble, deflation, and long-term stagnation

Hamada, Kōichi (ed.) - 2011 - Online-Ausg.

Introduction / Koichi Hamada, Anil K Kashyap, and David E. Weinstein -- The Japanese asset price bubble : a heterogeneous approach / Robert Barsky -- Time of troubles : the yen and Japan's economy, 1985-2008 / Maurice Obstfeld -- The Japan-US exchange rate, productivity, and the competitiveness...

Persistent link: https://www.econbiz.de/10014292560