東華大學圖書館 |

Language: English

Help

回圖書館首頁

手機版館藏查詢

Back

Switch To: Labeled | MARC Mode | ISBD

Crowding out fiscal stimulus = testi...

Heim, John J.

Linked to FindBook

Google Book

Amazon

博客來

Crowding out fiscal stimulus = testing the effectiveness of US government stimulus programs /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Crowding out fiscal stimulus/ by John J. Heim.
Reminder of title:	testing the effectiveness of US government stimulus programs /
Author:	Heim, John J.
Published:	Cham :Springer International Publishing : : 2017.,
Description:	xxi, 272 p. :ill., digital ;22 cm.
[NT 15003449]:	1. Introduction -- 2. Theory of Crowd Out -- 3. Literature Review -- 4. Methodology -- 5. Test Results: Consumer Spending and Borrowing Models (1 Variable Deficit) -- 6. Test Results: Investment Spending and Borrowing Models (1 Variable Deficit) -- 7. Test Results: Consumer Spending and Borrowing Models (2 Variable Deficit) -- 8. Test Results: Investment Spending and Borrowing Models (2 Variable Deficit) -- 9. Are Findings of 1 and 2 Variable Consumer and Investment Deficit Models Consistent? -- 10. Effects of Stimulus Programs on GDP, Net of Crowd Out Effects -- 11. Dynamic Effects -- 12. Alternatives to Financing Stimulus Programs with Domestic Borrowing -- 13. A Note on the Disposable Income Variable in the Consumption Models -- 14. Do Crowd Out Effects Differ in Recessions and Nonrecession Periods? -- 15. Does the Gale/Orszag Hypothesis Explain Tax and Spending Effects Better in Recession than Nonrecession Periods? -- 16. Summary of Findings and Conclusions.
Contained By:	Springer eBooks
Subject:	Consumption (Economics) -
Subject:	United States - Economic conditions -
Online resource:	http://dx.doi.org/10.1007/978-3-319-45967-7
ISBN:	9783319459677

Crowding out fiscal stimulus = testing the effectiveness of US government stimulus programs /
Heim, John J.

Crowding out fiscal stimulustesting the effectiveness of US government stimulus programs /[electronic resource] :by John J. Heim. - Cham :Springer International Publishing :2017. - xxi, 272 p. :ill., digital ;22 cm.

1. Introduction -- 2. Theory of Crowd Out -- 3. Literature Review -- 4. Methodology -- 5. Test Results: Consumer Spending and Borrowing Models (1 Variable Deficit) -- 6. Test Results: Investment Spending and Borrowing Models (1 Variable Deficit) -- 7. Test Results: Consumer Spending and Borrowing Models (2 Variable Deficit) -- 8. Test Results: Investment Spending and Borrowing Models (2 Variable Deficit) -- 9. Are Findings of 1 and 2 Variable Consumer and Investment Deficit Models Consistent? -- 10. Effects of Stimulus Programs on GDP, Net of Crowd Out Effects -- 11. Dynamic Effects -- 12. Alternatives to Financing Stimulus Programs with Domestic Borrowing -- 13. A Note on the Disposable Income Variable in the Consumption Models -- 14. Do Crowd Out Effects Differ in Recessions and Nonrecession Periods? -- 15. Does the Gale/Orszag Hypothesis Explain Tax and Spending Effects Better in Recession than Nonrecession Periods? -- 16. Summary of Findings and Conclusions.

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 theory, have shown positive results. By testing every possible alternative interpretation, starting with one time period and then retesting in three additional time periods, this definitive study finds that even when favoring pro-stimulus Keynesian models, public financing through government tax cuts and spending increase programs is more likely to drive down - or "crowd out" - as much private sector spending as it stimulates in the public sector.

ISBN: 9783319459677

Standard No.: 10.1007/978-3-319-45967-7doiSubjects--Topical Terms:

535815
Consumption (Economics)
Subjects--Geographical Terms:

3219372
United States
--Economic conditions

LC Class. No.: HJ7537 / .H44 2017

Dewey Class. No.: 336.30973

Crowding out fiscal stimulus = testing the effectiveness of US government stimulus programs /
LDR:02697nmm a2200313 a 4500 001 2089074
003 DE-He213
005 20161209073431.0
006 m d
007 cr nn 008maaau
008 171013s2017 gw s 0 eng d
020 $a 9783319459677 $q (electronic bk.)
020 $a 9783319459660 $q (paper)
024 7 $a 10.1007/978-3-319-45967-7 $2 doi
035 $a 978-3-319-45967-7
040 $a GP $c GP
041 0 $a eng
050 4 $a HJ7537 $b .H44 2017
072 7 $a KFFD $2 bicssc
072 7 $a BUS051000 $2 bisacsh
082 0 4 $a 336.30973 $2 23
090 $a HJ7537 $b .H467 2017
100 1 $a Heim, John J. $3 3219371
245 1 0 $a Crowding out fiscal stimulus $h [electronic resource] : $b testing the effectiveness of US government stimulus programs / $c by John J. Heim.
260 $a Cham : $b Springer International Publishing : $b Imprint: Palgrave Macmillan, $c 2017.
300 $a xxi, 272 p. : $b ill., digital ; $c 22 cm.
505 0 $a 1. Introduction -- 2. Theory of Crowd Out -- 3. Literature Review -- 4. Methodology -- 5. Test Results: Consumer Spending and Borrowing Models (1 Variable Deficit) -- 6. Test Results: Investment Spending and Borrowing Models (1 Variable Deficit) -- 7. Test Results: Consumer Spending and Borrowing Models (2 Variable Deficit) -- 8. Test Results: Investment Spending and Borrowing Models (2 Variable Deficit) -- 9. Are Findings of 1 and 2 Variable Consumer and Investment Deficit Models Consistent? -- 10. Effects of Stimulus Programs on GDP, Net of Crowd Out Effects -- 11. Dynamic Effects -- 12. Alternatives to Financing Stimulus Programs with Domestic Borrowing -- 13. A Note on the Disposable Income Variable in the Consumption Models -- 14. Do Crowd Out Effects Differ in Recessions and Nonrecession Periods? -- 15. Does the Gale/Orszag Hypothesis Explain Tax and Spending Effects Better in Recession than Nonrecession Periods? -- 16. Summary of Findings and Conclusions.
520 $a 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 theory, have shown positive results. By testing every possible alternative interpretation, starting with one time period and then retesting in three additional time periods, this definitive study finds that even when favoring pro-stimulus Keynesian models, public financing through government tax cuts and spending increase programs is more likely to drive down - or "crowd out" - as much private sector spending as it stimulates in the public sector.
650 0 $a Consumption (Economics) $3 535815
650 0 $a Deficit financing $z United States $y 20th century. $3 3219373
650 0 $a Deficit financing $z United States $y 21st century. $3 3219374
650 0 $a Government spending policy $z United States $y 20th century. $3 3219375
650 0 $a Government spending policy $z United States $y 21st century. $3 3219376
650 1 4 $a Finance. $3 542899
650 2 4 $a Public Finance. $3 2181786
650 2 4 $a Macroeconomics/Monetary Economics/Financial Economics. $3 2179654
650 2 4 $a Economic Theory/Quantitative Economics/Mathematical Methods. $3 2162305
650 2 4 $a Economic Policy. $3 676830
651 0 $a United States $x Economic conditions $3 3219372
710 2 $a SpringerLink (Online service) $3 836513
773 0 $t Springer eBooks
856 4 0 $u http://dx.doi.org/10.1007/978-3-319-45967-7
950 $a Economics and Finance (Springer-41170)