Apparel & Accessories 
Vehicles & Parts 
Toys & Games 
Sporting Goods 
Office Supplies 
Luggage & Bags 
Home & Garden 
Hardware 
Furniture 
Copied
Go to and paste the code at the checkout to enjoy
Procyclical Fiscal Policy
Best Price (Coupon Required):
Buy Procyclical Fiscal Policy for $40.50 at @ Link.springer.com when you apply the 10% OFF coupon at checkout.
Click “Get Coupon & Buy” to copy the code and unlock the deal.
Set a price drop alert to never miss an offer.
Single Product Purchase
Price Comparison
| Seller | Contact Seller | List Price | On Sale | Shipping | Best Promo | Final Price | Volume Discount | Financing | Availability | Seller's Page |
|---|---|---|---|---|---|---|---|---|---|---|
|
BEST PRICE 1 Product Purchase
|
|
$44.99 | $44.99 |
|
10% OFF
This deals requires coupon
|
$40.50 | See Site | In stock | Visit Store |
Product Details
Conventional wisdom dictates that a fiscal policy should be counter-cyclical. However, contrary to this conventional views, recent research has demonstrated that fiscal policy is actually procyclical in most developing countries. In this book, we attempt to propose a new interpretation of this procyclicality after reviewing theoretical and empirical evolution of the research. In particular, by incorporating the political effort behavior of private agents into a weak government model, we explore how income fluctuations affect the optimal budget deficits in a political economy. If the government can control the political behavior, normally, the optimal budget deficit should rise in a recession as a first-best case; however, interestingly, a recession does not necessarily prompt an increase in the budget deficits in a second-best political economy. The response of the budget deficits to income fluctuations mainly depends on the efficiency of political effort, which may correspond to the degree of democracy and bureaucratic efficiency of the governments. We test the prediction of the pro-cyclical fiscal policy and find it applicable for democratic countries with semi-efficient governments including Japan.
Reviews
Questions & Answers
Festigkeitslehre und Werkstoffmechanik
$49.99
Musikalien des 18. Jahrhunderts aus den Klstern Rot an der Rot und Isny
$59.99
All Kinds of Boats
$3.71
Advances in Nutritional Research
$39.99
Nature Engaged
$84.99
Resources for Optimal Care of Emergency Surgery
$119.99
The Role of Microenvironment in the Control of Tumor Angiogenesis
$109.99
Modeling and Analysis of Linear Hyperbolic Systems of Balance Laws
$109.99
Management of Fruit Flies in the Americas
$149.00
Schweikonstruktionen
$44.99
Language, Culture, Computation: Computing for the Humanities, Law, and Narratives
$54.99
Terahertz and Mid Infrared Radiation: Detection of Explosives and CBRN (Using Terahertz)
$129.00
Minimally Invasive Oral and Maxillofacial Surgery
$169.99
Data-driven Modelling of Structured Populations
$59.99
Post Merger Integration der Forschung und Entwicklung
$69.99
Expertenkommissionen im politischen Prozess
$69.99
Surface Crystallography by LEED
$54.99
Entscheiden
$24.99
Welfare Activities by New Religious Actors
$99.99
Non-Military Security and Global Order
$84.99
Life Science Models
$54.99
Wie Logistik unser Leben prgt
$39.99
Ergebnisse der Allgemeinen Pathologie und Pathologischen Anatomie des Menschen und der Tiere
$59.99
Proceedings of the 2nd International Conference on Electronic Engineering and Renewable Energy Syste
$219.00
Pastoral Care in a Korean American Context
$109.99
Leitstze fr den Anschluss von Fernmeldeanlagen am Niederspannungs-Starkstromnetze mit Hilfe von Ei
$54.99
Status and Future Challenges for Non-conventional Energy Sources Volume 2
$219.99
Report on the Chinese Business Environment Survey 2020
$179.99
Molecular Biology of Plant Viruses
$129.00
Mammatumoren / Tumours of the Mammary
$59.99
One Crazy Summer: P.S. Be Eleven
$6.71
Compliance im Sport
$59.99
Pocket Dermatology
$89.00
Proceedings of 4th International Conference in Software Engineering for Defence Applications
$129.00
Language, Vernacular Discourse and Nationalisms
$79.99
Die Schmiermittel ihre Art, Prfung und Verwendung
$49.99
Cell Biology and Translational Medicine, Volume 16
$169.99
Current Research Trends and Applications in Waste Management
$219.99
Proceedings of the Thirteenth International Conference on Management Science and Engineering Managem
$169.00
Theory of Cryptography
$54.99
