and long-run effects of government spending and of the distinctive long-run effects of different types of government spending suggests that indiscriminate deficit cutting will not lead to a rise in the long-run profit rate and may exacerbate poverty and inequality in the short and the long run....
TAXES AND GOVERNMENT SPENDING - Economics Private and Public Choice - 5ELSEVIEREconomics Private & Public Choice
it was possible to balance the budget in 10 years simply byholding spending growth to 2.63 percent annually. Thanks to the past eight years of Trump/Biden profligacy, fiscal balance now requires that spending only grow 1.33 percent annually. ...
Jon has taught Economics and Finance and has an MBA in Finance Cite this lesson The allocation and spending of the national government budget directly impact the economy of a country. Learn about the budget surplus and deficits in the government, the effects of crowding out situations, and see...
John Maynard Keynes was one of the first economists to advocate government deficit spending as part of the fiscal policy response to an economic contraction. In Keynesian economics, increased government spending is thought to raise aggregate demand and increase consumption. 展开 关键词:...
Government spending refers to money spent by the public sector on the acquisition of goods and provision of services such as education, healthcare,social protection, and defense. In national income accounting, when the government acquires goods and services for current use to directly satisfy the in...
The government may also enact policies that adjust spending, change tax rates, or introduce tax incentives. In regard to government budgets, the government identifies whether or not it wants to spend more money than it anticipates collecting. This process of evaluating public spending aims to promo...
In contemporary economics, this view is frequently associated with John Maynard Keynes, who argued that government spending can actually stimulate economic activity.4 Problems With Limited Governments While many contemporary political thinkers agree that government powers should be constrained, there is ...
(2009), "Evidence for non-linear causality between public spending and income in the European Union countries", The Journal of Applied Business Research, ... OW Ibok,NE Bassey - 《International Journal of Food & Agricultural Economics》 被引量: 12发表: 2014年 The Chad-Cameroon Oil Pipeline-...
摘要: This paper presents an endogenous growth model in which there is an explicit treatment of the informational asymmetries giving rise to finance constraints in the credit market.关键词: GOVERNMENT SPENDING POLICY FINANCIAL POLICY ECONOMIC GROWTH ...