The Refugees as a Burden a Stimulus, and a Challenge to the West German Economy, Friedrich Edding

Автор: Skidelsky Robert
Название: Austerity vs Stimulus
ISBN: 331950438X ISBN-13(EAN): 9783319504384
Издательство: Springer
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Цена: 4191.00 р.
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Описание: This timely book debates the economic and political logic of the austerity policies that have been implemented in the UK and in the Eurozone since 2010 and asks whether there is any alternative for these countries in the years ahead.

Автор: John J. Heim
Название: Crowding Out Fiscal Stimulus
ISBN: 331945966X ISBN-13(EAN): 9783319459660
Издательство: Springer
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Цена: 16769.00 р.
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Описание: 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.