Coverart for item
The Resource Crowding Out Fiscal Stimulus : Testing the Effectiveness of US Government Stimulus Programs, by John J. Heim, (electronic resource)

Crowding Out Fiscal Stimulus : Testing the Effectiveness of US Government Stimulus Programs, by John J. Heim, (electronic resource)

Label
Crowding Out Fiscal Stimulus : Testing the Effectiveness of US Government Stimulus Programs
Title
Crowding Out Fiscal Stimulus
Title remainder
Testing the Effectiveness of US Government Stimulus Programs
Statement of responsibility
by John J. Heim
Creator
Subject
Language
eng
Summary
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.--
Assigning source
Provided by publisher
http://library.link/vocab/creatorName
Heim, John J
Image bit depth
0
Literary form
non fiction
Nature of contents
dictionaries
Series statement
Springer eBooks.
http://library.link/vocab/subjectName
  • Finance
  • Finance, Public
  • Economic theory
  • Macroeconomics
  • Economic policy
  • Finance
  • Public Finance
  • Macroeconomics/Monetary Economics//Financial Economics
  • Economic Theory/Quantitative Economics/Mathematical Methods
  • Economic Policy
Label
Crowding Out Fiscal Stimulus : Testing the Effectiveness of US Government Stimulus Programs, by John J. Heim, (electronic resource)
Link
https://eui.idm.oclc.org/login?url=http://dx.doi.org/10.1007/978-3-319-45967-7
Instantiates
Publication
Antecedent source
mixed
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
not applicable
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
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
Control code
978-3-319-45967-7
Dimensions
unknown
Extent
1 online resource (XXI, 272 pages)
File format
multiple file formats
Form of item
  • online
  • electronic
Governing access note
Use of this electronic resource may be governed by a license agreement which restricts use to the European University Institute community. Each user is responsible for limiting use to individual, non-commercial purposes, without systematically downloading, distributing, or retaining substantial portions of information, provided that all copyright and other proprietary notices contained on the materials are retained. The use of software, including scripts, agents, or robots, is generally prohibited and may result in the loss of access to these resources for the entire European University Institute community
Isbn
9783319459677
Level of compression
uncompressed
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1007/978-3-319-45967-7
Other physical details
5 illustrations in color.
Quality assurance targets
absent
Reformatting quality
access
Specific material designation
remote
System control number
(OCoLC)965904293
Label
Crowding Out Fiscal Stimulus : Testing the Effectiveness of US Government Stimulus Programs, by John J. Heim, (electronic resource)
Link
https://eui.idm.oclc.org/login?url=http://dx.doi.org/10.1007/978-3-319-45967-7
Publication
Antecedent source
mixed
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
not applicable
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
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
Control code
978-3-319-45967-7
Dimensions
unknown
Extent
1 online resource (XXI, 272 pages)
File format
multiple file formats
Form of item
  • online
  • electronic
Governing access note
Use of this electronic resource may be governed by a license agreement which restricts use to the European University Institute community. Each user is responsible for limiting use to individual, non-commercial purposes, without systematically downloading, distributing, or retaining substantial portions of information, provided that all copyright and other proprietary notices contained on the materials are retained. The use of software, including scripts, agents, or robots, is generally prohibited and may result in the loss of access to these resources for the entire European University Institute community
Isbn
9783319459677
Level of compression
uncompressed
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1007/978-3-319-45967-7
Other physical details
5 illustrations in color.
Quality assurance targets
absent
Reformatting quality
access
Specific material designation
remote
System control number
(OCoLC)965904293

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