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001435239 001__ 1435239
001435239 003__ OCoLC
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001435239 019__ $$a1243059732
001435239 020__ $$a9783030656751$$q(electronic bk.)
001435239 020__ $$a3030656756$$q(electronic bk.)
001435239 020__ $$z3030656748
001435239 020__ $$z9783030656744
001435239 0247_ $$a10.1007/978-3-030-65675-1$$2doi
001435239 035__ $$aSP(OCoLC)1243551050
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001435239 043__ $$an-us---
001435239 049__ $$aISEA
001435239 050_4 $$aHJ257.2
001435239 08204 $$a336.390973
001435239 1001_ $$aHeim, John J.
001435239 24510 $$aWhy fiscal stimulus programs fail.$$nVolume 1,$$pThe limits of accommodative monetary policy in practice /$$cJohn J. Heim.
001435239 24630 $$aLimits of accommodative monetary policy in practice
001435239 264_1 $$aCham :$$bPalgrave Macmillan,$$c2021.
001435239 300__ $$a1 online resource (584 pages)
001435239 336__ $$atext$$btxt$$2rdacontent
001435239 337__ $$acomputer$$bc$$2rdamedia
001435239 338__ $$aonline resource$$bcr$$2rdacarrier
001435239 500__ $$a5.1 When the FR Goes into the Open Market and Buys 1000 in Treasuries (T) from a Dealer/Broker (Usually a "Primary Dealer"), The Dealer May Be Paid by Check Drawn on the FR (FRck) (If Dealer Is Paid Electronically by Fed Transfer of Funds to Dealer's Bank, Skip Steps 5.1-3 and Go to Step #5.4)
001435239 504__ $$aIncludes bibliographical references and index.
001435239 5050_ $$aIntro -- Preface -- Contents -- List of Figures -- List of Tables -- Part I Introductory Chapters -- 1 Introduction -- 1.1 The Crowd Out Problem and Accommodative Monetary Policy -- 1.2 Individual Chapter Contents and Findings -- 1.3 Summary of Key Findings -- References -- 2 Literature Review -- 2.1 Summary of Findings -- 2.1.1 Stocks and Bonds -- 2.1.2 GDP -- 2.1.3 Inequality -- 2.2 Detailed Findings -- 2.2.1 Assessment of Monetary Policy Effectiveness in the Business Press -- Stock Market Effects -- Bond Market Effects -- GDP Effects -- Inequality Effects
001435239 5058_ $$a2.2.2 Assessment of Monetary Policy Effectiveness in the Academic/Professional Literature -- Stock Market Effects -- Bond Market Effects -- Interest Rate Effects -- GDP Effects -- Effects on Inequality -- 2.2.3 Comparisons of Findings of the Professional and Business Press -- 2.3 A Comparison of Cowles, DSGE, and VAR Methodologies Used in Literature Review -- References -- 3 Methodology -- 3.1 General Methodological Issues -- 3.1.1 The Importance of Replicating Results Before Publication -- 3.2 Other Methodological Issues Specific to This Study -- 3.2.1 GDP Deflator Methodological Adjustments
001435239 5058_ $$a3.2.2 Reconciling Differences in Signs, Significance Levels of Tests in Different Time Periods -- 3.2.3 Mixing Periods of Budget Deficit (Crowd Out) Increase and Decrease -- 3.2.4 Statistical Insignificance Caused by Lack of Variation in the Data -- 3.2.5 Left-Out Variables -- 3.2.6 Multicollinearity -- 3.2.7 Insufficient Sample Size -- 3.2.8 Spurious Results Indicating Insignificance -- 3.3 How Should a Change in Loanable Funds Be Distributed to Tax and Spending Deficits -- References -- Part II Theory of Crowd Out and Accommodative Monetary Policy
001435239 5058_ $$a4 Theory of Crowd Out and Accommodative Monetary Policy -- 4.1 How, and Under What Conditions, Can Federal Reserve Purchases of Government Securities Stimulate the Economy -- 4.1.1 Overview -- 4.1.2 Detailed Analysis of the Crowd Out and Accommodative Monetary Policy Processes -- Accommodative Federal Reserve Purchases from Depository Institutions -- Federal Reserve Purchases from Non-depository Institutions -- 4.2 A Formal Model of the Effects of Fiscal Stimulus Programs, Their Crowd Out Effects, and Accommodative Monetary Policy -- 4.2.1 Crowd Out Effects of Deficit Financing
001435239 5058_ $$a4.2.2 How Accommodating Monetary Policy Offsets Crowd Out Effects -- 4.2.3 Different Crowd Out Effects of Tax Cut and Spending Deficits -- Alternative Ways of Modeling Crowd Out Effects -- 4.2.4 Declining Deficits Create "Crowd in" Effects -- 4.2.5 Should We Use Accommodate Monetary Policy to Offset Crowd Out? -- References -- 5 A Simplified Balance Sheet View of How Open Market Operations to Stimulate the Economy, When Dominated by Primary Dealers, Actually Stimulate Securities Markets, not the Real Economy
001435239 506__ $$aAccess limited to authorized users.
001435239 588__ $$aDescription based on print version record.
001435239 650_0 $$aFiscal policy$$zUnited States.
001435239 650_0 $$aMonetary policy$$zUnited States.
001435239 650_6 $$aPolitique fiscale$$zÉtats-Unis.
001435239 650_6 $$aPolitique monétaire$$zÉtats-Unis.
001435239 651_0 $$aUnited States$$xEconomic conditions.
001435239 651_6 $$aÉtats-Unis$$xConditions économiques.
001435239 655_0 $$aElectronic books.
001435239 77608 $$iPrint version:$$aHeim, John J.$$tWhy Fiscal Stimulus Programs Fail, Volume 1.$$dCham : Springer International Publishing AG, ©2021$$z9783030656744
001435239 852__ $$bebk
001435239 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-030-65675-1$$zOnline Access$$91397441.1
001435239 909CO $$ooai:library.usi.edu:1435239$$pGLOBAL_SET
001435239 980__ $$aBIB
001435239 980__ $$aEBOOK
001435239 982__ $$aEbook
001435239 983__ $$aOnline
001435239 994__ $$a92$$bISE