The Supply Side Effects Of Economic Policy
Download The Supply Side Effects Of Economic Policy full books in PDF, epub, and Kindle. Read online free The Supply Side Effects Of Economic Policy ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author | : L.H. Meyer |
Publisher | : Springer |
Total Pages | : 280 |
Release | : 2011-11-05 |
Genre | : Business & Economics |
ISBN | : 9789400981768 |
On October 24 and 25, 1980, the Center for the Study of American Business at Washington University and the Federal Reserve Bank of St. Louis cosponsored their fifth annual conference, "The Supply-Side Effects of Economic Policy." This volume contains the papers and comments delivered at that conference. Proponents of "supply-side economics" have challenged the policy recommendations that emerge from "Keynesian" macroeconometric models. These models focus on the effects of economic policy on the demand for output. Supply-side economics, in contrast, emphasizes the response of output to changes in the supply of inputs. Decisions affecting the capital stock and employment-in particular, saving and investment decisions and labor force participation and hours decisions-are the focus of the supply-siders' attention. The 1980 conference examined most of the major themes associated with supply-side economics. The papers in Part I of this volume develop the theory underlying various supply-side propositions and present empirical evidence in support of some of these propositions. In Part II, the effect of taxes on capital formation and the effect of increased capital formation on output growth and inflation are examined. The effect of tax and transfer programs on labor supply, employment and unemployment are examined in Part III. The final section contains the special luncheon and dinner presentations.
Author | : Laurence H. Meyer |
Publisher | : |
Total Pages | : 284 |
Release | : 1981-12-31 |
Genre | : |
ISBN | : 9789400981751 |
Author | : Washington University (Saint Louis, Mo.). Center for the Study of American Business |
Publisher | : Springer |
Total Pages | : 288 |
Release | : 1981-12-31 |
Genre | : Business & Economics |
ISBN | : |
On October 24 and 25, 1980, the Center for the Study of American Business at Washington University and the Federal Reserve Bank of St. Louis cosponsored their fifth annual conference, "The Supply-Side Effects of Economic Policy." This volume contains the papers and comments delivered at that conference. Proponents of "supply-side economics" have challenged the policy recommendations that emerge from "Keynesian" macroeconometric models. These models focus on the effects of economic policy on the demand for output. Supply-side economics, in contrast, emphasizes the response of output to changes in the supply of inputs. Decisions affecting the capital stock and employment-in particular, saving and investment decisions and labor force participation and hours decisions-are the focus of the supply-siders' attention. The 1980 conference examined most of the major themes associated with supply-side economics. The papers in Part I of this volume develop the theory underlying various supply-side propositions and present empirical evidence in support of some of these propositions. In Part II, the effect of taxes on capital formation and the effect of increased capital formation on output growth and inflation are examined. The effect of tax and transfer programs on labor supply, employment and unemployment are examined in Part III. The final section contains the special luncheon and dinner presentations.
Author | : Economic Policy Conference of the Federal Reserve Bank of St. Louis |
Publisher | : |
Total Pages | : 266 |
Release | : 1981 |
Genre | : |
ISBN | : |
Author | : Thomas J. Hailstones |
Publisher | : Prentice Hall |
Total Pages | : 324 |
Release | : 1982 |
Genre | : Business & Economics |
ISBN | : |
This volume contains some primer material and most of the contributions are at the conversational level, directed mainly at the nonspecialist. Covers a broad selection of issues with contributors ranging from Arthur Laffer on the advocacy side to James Tobin for the opposition. Includes a discussion on the validity of Keynesian economics and specific aspects of the Reagan economic program. ISBN 0-8359-8386-2.
Author | : Richard H. Fink |
Publisher | : Frederick, Md. : Aletheia Books |
Total Pages | : 520 |
Release | : 1982 |
Genre | : Economic policy |
ISBN | : |
"Aletheia books" Includes bibliographical references.
Author | : Mr.Jorge Roldos |
Publisher | : International Monetary Fund |
Total Pages | : 36 |
Release | : 1994-07-01 |
Genre | : Business & Economics |
ISBN | : 1451954425 |
This paper focuses on the short-run and long-run supply-side effects of disinflation programs in a two-sector economy. Fixing the exchange rate reduces the wedge between the return on foreign assets and that on domestic capital, leading to an increase in the latter. After an initial real exchange rate appreciation and increase in the production of nontradables—due to a consumption boom—the new capital is gradually installed in the tradable sector. During this transitional period, further real appreciation takes place—as the expansion of the tradable sector pulls labor away from the nontradable sector—together with investment-driven deficits in the current account. We conclude that when appreciation and deficits are due to supply-side rigidities, rather than to credibility and/or price stickiness, no further policies (i.e., capital controls, incomes policies) are advisable.
Author | : |
Publisher | : |
Total Pages | : 8 |
Release | : 1981 |
Genre | : |
ISBN | : |
Author | : Richard Hemming |
Publisher | : International Monetary Fund |
Total Pages | : 62 |
Release | : 2002-12 |
Genre | : Business & Economics |
ISBN | : |
This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.
Author | : L.H. Meyer |
Publisher | : Springer Science & Business Media |
Total Pages | : 269 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 9400981740 |
On October 24 and 25, 1980, the Center for the Study of American Business at Washington University and the Federal Reserve Bank of St. Louis cosponsored their fifth annual conference, "The Supply-Side Effects of Economic Policy." This volume contains the papers and comments delivered at that conference. Proponents of "supply-side economics" have challenged the policy recommendations that emerge from "Keynesian" macroeconometric models. These models focus on the effects of economic policy on the demand for output. Supply-side economics, in contrast, emphasizes the response of output to changes in the supply of inputs. Decisions affecting the capital stock and employment-in particular, saving and investment decisions and labor force participation and hours decisions-are the focus of the supply-siders' attention. The 1980 conference examined most of the major themes associated with supply-side economics. The papers in Part I of this volume develop the theory underlying various supply-side propositions and present empirical evidence in support of some of these propositions. In Part II, the effect of taxes on capital formation and the effect of increased capital formation on output growth and inflation are examined. The effect of tax and transfer programs on labor supply, employment and unemployment are examined in Part III. The final section contains the special luncheon and dinner presentations.