Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Business Cycles and Macroeconomic Stability

Business Cycles and Macroeconomic Stability

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9781461561736
Condition
New
Product Description

Setting the issue "Most economists consider the marked increase in automatic stabilizers a highly favorable development with respect to maintenance of economic stability". Besides the rare privilege of having being signed by both Milton Friedman and Paul Samuelson (Depres,Friedman, Hart, Samuelson, and Wallace [1950]), among others, this sentence expressed as soon as 1950 the consensus view on the stabilizing effect of fiscal rules governing tax revenue and public expendi tures and transfers. This positive ex ante assessment will have been confirmed ex post as part of the explanation for post war stabilization (Burns [1960], de Long and Summers [1986], Moore and Zarnovitz [1986]). However, it becomes disputed in both its positive and normative aspects. Many institutional changes since the eighties point at curbing back the transfer mechanisms underlying automatic stabilizers, and legal restraints on deficits such as the US balanced budget amendment or the European Maastricht criteria would involve serious risks for the future of stabilizers. Under such rules "the government would become, almost inevitally, a destabilizer rather than a stabilizer" said Joseph Stiglitz, quoted by the New York Times (April 1995)). "Built-in stabilizers are automatic fiscal adjustments that reduce the national income multiplier and thus cushion the effects of changes in autonomous spend ing on the level of income" (Pechman [1987]). Early analyses of the automatic fiscal stabilizers include the contributions of A. G. Hart [1945], R. Musgrave and M. Miller (1948) and E. C. Brown (1955).

Available Colors
Available Sizes
1 Offer Price Range: $169.00 - $169.00
BEST PRICE

Single Product Purchase

$152.10
@ Link.springer.com with extra coupon Get Coupon & BUY

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
@ Link.springer.com
Contact Store Call Store Contact Support
$169.00 $169.00

10% OFF
This deals requires coupon Get Code Here
$152.10
See Site In stock Visit Store

Similar Products

Image Recognition by Holography

$219.99

Linking Restoration and Ecological Succession

$109.99

Verhandlungen der Deutschen Gesellschaft fr Innere Medizin

$59.99

Evolventenverzahnung

$59.99

Elementary Differential Geometry

$37.99

Population Redistribution and Development in South Asia

$84.99

Algorithms and Complexity

$39.99

IVF and Assisted Reproduction

$79.99

Best-Practice mit SAP

$69.99

The Russian Civil War

$84.99

Regulation of Gene Expression in Escherichia coli

$109.99

Lineare Algebra und lineare Optimierung

$69.99

Angewandte Algebra fr Mathematiker und Informatiker

$69.99

CSR und Hochschulmanagement

$29.99

Wiederertchtigung schwerbeschdigter Kriegsteilnehmer in der Werkstatt

$49.99

100 Jahre Schiffbautechnische Gesellschaft

$64.99

The Palgrave Handbook of Philosophical Methods

$249.99

The Role of Model Integration in Complex Systems Modelling

$84.99

Re-energizing Citizenship

$109.99

Holzbau Teil 2

$54.99

Intelligent Resource Management for Network Slicing in and Beyond

$169.99

Exploring Education and Professional Practice

$139.99

Quality-of-Service Aware Design and Management of Embedded Mixed-Criticality Systems

$84.99

MIF Family Cytokines in Innate Immunity and Homeostasis

$129.00

Arbeitsbuch zur Mikrokonomie I

$54.99

Grundlagen der Numerischen Mathematik und des Wissenschaftlichen Rechnens

$39.99

Beginning jQuery 2 for ASP.NET Developers

$44.99

Selbstverstndigungen

$69.99

Deterministic Car-Following Traffic Models

$56.34

Einfhrung in die Grundrechte

$39.95

Geology of Offshore Ireland and West Britain

$109.99

Professionelle Krisenkommunikation

$49.99

Advances in Molecular Genetics of Plant-Microbe Interactions, Vol. 2

$219.99

Robotics Research

$169.99

Politikvorstellung und Biografie

$59.99

Handbook on Architectures of Information Systems

$219.99

Strategisches Technologiemanagement

$139.00

Subsidiaritt in Europa

$44.99

Textbook of Energy Balance, Neuropeptide Hormones, and Neuroendocrine Function

$79.99

Genomes

$129.00