第1章-第4节 Government and the Macroeconomy 政府和宏观经济 64 2020-11 3 第1章-第5节 Economic Development 经济发展 34 2020-11 4 第1章-第6节 International Trade and Globalisation 国际贸易和全球化 52 2020-11 5 第2章-第1节 Basic Economic Ideas and Resource Allocation 基础经济概念和资源分配...
The decoupling of government sentiment and the macroeconomy in a highly polarised political settingConsumer confidenceincumbents approval ratingeconomic votingnews mediaThis article argues that causality between economic conditions and political sentiment can be moderated by the presence of strong political ...
Government, as the controller of the macroeconomy, usually put large amount of money on building theatres and sports stadiums to stimulate the consumption. Especially when globle economy is in recession, stimulation is one of the methods for government to catch the economy’s fall. However, to my...
A second type of externality is related to the macroeconomy. The bankruptcy of one firm affects others, while the rescue of one firm has social benefits as well. There are many other aspects of behavior that give rise to macroeconomic externalities, such as excessive foreign denominated debt. ...
How does the government use tradable permits to attempt to address externalities? Is it a proper role of government to implement policies that attempt to stabilize the macroeconomy? Explain. Explain the advantages of decentralizing government programs. ...
On the contrary, when such fiscal spillovers are controlled for, public investment is no longer a prominently harmful factor for private demand, suggesting that public investment is more desirable than government consumption for stimulating the macroeconomy. Furthermore, our subsample analysis reveals ...
results show that compared with the traditional dynamic stochastic general equilibrium (DSGE) model, the endogenous process of technological progress amplifies the impact of government consumption shock and traditional government investment shock on the macroeconomy, leading to greater economic cycle ...
D. 1997 . Political Cycles and the Macroeconomy , Cambridge , MA : MIT Press . (Open in a new window)Google Scholar Allers , M. A. and Elhorst , J. P. 2005 . Tax mimicking and yardstick competition among local governments in the Netherlands . International Tax and Public Finance ,...
How does monetary policy affect the macroeconomy? How do macroeconomics affect an individual? How can externalities cause increases in GDP to not adequately reflect increases in well-being? What changes take place in the economy when planned spending is less than planned output?
2015. Unconventional monetary policies and the macroeconomy: the impact of the United Kingdom’s QE2 and Funding for Lending Scheme. Bank of England Staff Working Paper No. 542. Google Scholar Clouse J, Henderson A, Orphanides A, Small D, and Tinsley P. 2000. “Monetary policy when the ...