Fiscal policy after the financial crisis
- ISBN: 9780226018447
- Editorial: University of Chicago Press
- Fecha de la edición: 2013
- Lugar de la edición: Chicago. Estados Unidos de Norteamérica
- Colección: (NBER-C) National Bureau of Economic Research Conference Report
- Encuadernación: Cartoné
- Medidas: 23 cm
- Nº Pág.: 567
- Idiomas: Inglés
The recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on issues like tax rates and government spending. At the heart of the debate are fiscal multipliers, whose size and sensitivity determine the power of such policies to influence economic growth. "Fiscal Policy after the Financial Crisis" focuses on the effects of fiscal stimuli and increased government spending, with contributions that consider the measurement of the multiplier effect and its size. Further contributions discuss the merits of alternate means of debt reduction through decreased government spending or increased taxes. A final section examines how the short-term political forces driving fiscal policy might be balanced with aspects of the long-term planning governing monetary policy.
