The Limits of Fiscal Policy

• Main Author: Makin, Anthony J. (Author, http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Palgrave Pivot, 2018.
• Edition: 1st ed. 2018.
• Subjects: Economic policy.; Macroeconomics.; Economic Policy.; Macroeconomics/Monetary Economics//Financial Economics.

This book presents alternative macroeconomic perspectives, primarily open economy, on the limitations of discretionary fiscal policy, with a focus on government spending. Following an overview on the post-crisis Keynesian revival and of the macro-foundations needed for subsequent analysis, different...

Table of Contents:

• 1. The Keynesian Revival
• 2. Macro-Foundations for Fiscal Analysis
• 3. Budget Deficits, Public Debt and Crowding Out
• 4. Budget Deficits and National Income
• 5. Fiscal Policy, Money and the Exchange Rate
• 6. Fiscal Policy in a Dependent Economy
• 7. Fiscal Consolidation
• 8. Recasting Fiscal Policy.