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Record Nr. |
UNINA9910797183703321 |
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Autore |
Seidman Laurence S. |
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Titolo |
Automatic fiscal policies to combat recessions / / Laurence S. Seidman |
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Pubbl/distr/stampa |
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Abingdon, Oxon : , : Routledge, , 2015 |
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ISBN |
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1-315-70624-5 |
1-317-47626-3 |
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Descrizione fisica |
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1 online resource (264 p.) |
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Disciplina |
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Soggetti |
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Taxation - United States |
Income tax - United States |
Fiscal policy - United States |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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First published 2003 by M.E. Sharpe. |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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pt. 1, 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 -- pt. 2, 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 -- pt. 3, 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. |
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Sommario/riassunto |
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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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