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000941674 020__ $$z9781606497227$$q(paperback)
000941674 020__ $$a9781606497234$$q(electronic bk.)
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000941674 035__ $$a(OCoLC)869630638
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000941674 050_4 $$aHJ192.5$$bN244 2014
000941674 0820_ $$a339.52$$223
000941674 1001_ $$aNaghshpour, Shahdad.,$$eauthor.
000941674 24510 $$aFiscal policy within the IS-LM framework /$$cShahdad Naghshpour.
000941674 250__ $$aFirst edition.
000941674 264_1 $$aNew York, New York (222 East 46th Street, New York, NY 10017) :$$bBusiness Expert Press,$$c2014.
000941674 300__ $$a1 online resource (139 pages)
000941674 336__ $$atext$$2rdacontent
000941674 337__ $$acomputer$$2rdamedia
000941674 338__ $$aonline resource$$2rdacarrier
000941674 4901_ $$aEconomics collection,$$x2163-7628
000941674 500__ $$aPart of: 2013 digital library.
000941674 504__ $$aIncludes bibliographical references (pages 131-136) and index.
000941674 5050_ $$aSection I. Background and fundamental theories -- 1. A brief history of fiscal theory -- 2. Politics and fiscal policy -- 3. Two blades are better than one: the role of IS-LM -- Section II. Interest rate and fiscal theory -- 4. The role of interest rate in fiscal policy -- 5. Liquidity preference -- 6. Operation and effectiveness of fiscal policy -- 7. Questioning Keynesian theory -- Section III. Schools of thought in fiscal theory -- 8. New Keynesian school -- 9. Post Keynesian -- Section IV. The evidence -- 10. Empirical evidence regarding fiscal policy -- 11. Conclusion -- Glossary -- Notes -- References -- Index.
000941674 506__ $$aAccess limited to authorized users.
000941674 5203_ $$aGovernments have become an integral part of economics in modern societies. The extent of government involvement is not limited to legislation, foreign policy, or law and order. Governments intervene in economic affairs by collecting taxes and spending what they collect. The amount of taxes and who pays them, as well as the amount of government expenditures and who receives them, has a significant impact on income distribution. However, the main focus of the study of fiscal policy is on the overall economic impact of government involvement in the economy, instead of its distributional effects. While we know that when a person is taxed his or her utility is reduced, and when someone receives a payment, either because of selling something to the government or in the form of transfer payment, that person's utility increases. However, economic theory is not able to determine what happens to social utility when one person is taxed and another person receives the government payment. By not addressing the utility effect of government intervention in the economy the need for finding an answer to what happens to collective utility vanishes and allows us to focus on what happens to aggregate economic measures when the government intervenes in economic activities.
000941674 588__ $$aTitle from PDF title page (viewed on January 25, 2014).
000941674 650_0 $$aFiscal policy.
000941674 653__ $$afiscal policy
000941674 653__ $$ainterest rate
000941674 653__ $$aIS schedule
000941674 653__ $$aLM schedule
000941674 653__ $$amonetary policy
000941674 653__ $$aliquidity
000941674 655_0 $$aElectronic books
000941674 77608 $$iPrint version:$$z9781606497227
000941674 830_0 $$a2013 digital library.
000941674 830_0 $$aEconomics collection.$$x2163-7628
000941674 852__ $$bebk
000941674 85640 $$3ProQuest Ebook Central Academic Complete $$uhttps://univsouthin.idm.oclc.org/login?url=https://ebookcentral.proquest.com/lib/usiricelib-ebooks/detail.action?docID=1586575$$zOnline Access
000941674 909CO $$ooai:library.usi.edu:941674$$pGLOBAL_SET
000941674 980__ $$aBIB
000941674 980__ $$aEBOOK
000941674 982__ $$aEbook
000941674 983__ $$aOnline