Automatic Fiscal Policies to Combat Recessions.
Material type: TextPublisher: Armonk : Routledge, 2003Copyright date: ©2003Description: 1 online resource (264 pages)Content type: text Media type: computer Carrier type: online resourceISBN: 9781315706245Subject(s): Taxation - United StatesGenre/Form: Electronic books.Additional physical formats: Print version:: Automatic Fiscal Policies to Combat RecessionsDDC classification: 339.5/2/0973 LOC classification: HJ257.2 \.Online resources: Click to ViewCover -- Half Title -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- Acknowledgments -- Introduction -- Part I -- 1 Fiscal Policy to Combat a Severe Recession -- 2 An Automatic Transfer (Tax Rebate) -- 3 An Automatic Temporary Consumption Tax Cut -- 4 Fiscal Discipline With NUBAR (Normal Unemployment Balanced Budget Rule) -- 5 A Fiscal Policy Advisory Board -- Part II -- 6 Recent Empirical Studies Relevant to Countercyclical Fiscal Policy -- 7 The Tax Rebate in the 1975 Recession -- 8 The Tax Rebate in the 2001 Recession -- 9 Early Studies of Automatic Fiscal Policy -- Part III -- 10 Early Challenges to Countercyclical Fiscal Policy -- 11 The New Classical Counterrevolution: A False Path for Macroeconomics -- 12 Fiscal Policy and the Ending of the Great Depression -- References -- Index -- About the Author.
Drawing on the most prominent research in the field, this timely book offers bold new fiscal policies that can complement current automatic stabilizers and counter-cyclical monetary policy to help combat recessions. Dr. Seidman argues for an independent fiscal policy board or the Federal Reserve to decide changes in the magnitude of Congress's fiscal policy package of stimulus or restraint, with recommendations going into effect immediately, subject only to Congressional override.
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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2018. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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