| Automatic Fiscal Policies to Combat Recessions Contributor(s): Seidman, Laurence S. (Author) |
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ISBN: 0765611112 ISBN-13: 9780765611116 Publisher: Routledge OUR PRICE: $56.04 Product Type: Paperback - Other Formats Published: February 2003 Annotation: This timely book offers bold new fiscal policy options that can complement current automatic stabilizers and counter-cyclical monetary policy to combat recessions. Dr. Seidman acknowledges that most economists are justifiably skeptical of Congress's ability to implement discretionary counter-cyclical fiscal policy in a timely and effective manner, as indicated by the government's heavy reliance on monetary policy to stabilize the economy in recent decades. He 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. Any recommendations would go into effect immediately without a congressional vote, subject only to congressional override. With thought provoking proposals like this, Dr. Seidman provides a fresh look at practical fiscal policy tools based on the most prominent research in the field. |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - Macroeconomics - Social Science | Human Geography |
| Dewey: 339 |
| LCCN: 2002036587 |
| Physical Information: 0.68" H x 6.36" W x 8.86" (0.77 lbs) 248 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |