The Means to Prosperity: Fiscal Policy Reconsidered

ISBN-13: 9780415649988 / Angielski / Miękka / 2013 / 320 str.

Per Gunnar Berglund; Matias Vernengo

Opis

Recent developments in monetary theory have been fast to spread to policy analysis and practice and the media, the same is not true about fiscal policy. This book answers these problems with clarity and incision.

Spis treści

List of figures List of tables List of contributors Acknowledgments Preface by James K. Galbraith 1 Introduction Per Gunnar Berglund and Matias Vernengo Part I. Fiscal policy strikes back 2 The case for fiscal policy Philip Arestis and Malcolm Sawyer 3 A fiscal policy to counter recessions: triggered transfers to households Laurence S. Seidman and Kenneth A. Lewis 4 Integrating sound finance with functional finance David Colander and Peter Hans Matthews 5 Regime change for the US Federal budget Max B. Sawicky Part II. Fiscal policy in the periphery 6 Grappling with fiscal reform: the case of the Dominican Republic Esteban Pérez Caldentey 7 Endogenous Fiscal Crises: Theory and Brazilian Experience Matias Vernengo 8 Fiscal programming and alternatives in debt management: the Turkish experience Ebru Voyvoda Part III. Fiscal policy for our grandchildren 9 Paradox of Thrift and Budget in a Simple Keynesian Growth Model Per Gunnar Berglund 10 Budget deficits, unemployment and economic growth: a cross-section time-series analysis Robert Eisner 11 Debt sustainability in the European Monetary Union: theory and empirical evidence for selected countries Alfred Greiner, Uwe Koeller and Willi Semmler 12 Varieties of Fiscal Stimulus: A Conflicting Claims Analysis Alan G. Isaac Part IV. What are the questions? 13 The political economy of the deficit (roundtable session) Barbara R. Bergmann, Jeffrey A. Frankel, William A. Niskanen, Laurence S. Seidman (participants); Matias Vernengo (moderator); with an introduction by Per Gunnar Berglund and Matias Vernengo 14 The final word on fiscal policy (interview) Robert Eisner; with an introduction by Per Gunnar Berglund

O autorze

Matias Vernengo is Assisstant Professor of Economics at the University of Utah, Salt Lake City, USA.