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9780765611116

Automatic Fiscal Policies to Combat Recessions

by
  • ISBN13:

    9780765611116

  • ISBN10:

    0765611112

  • Format: Nonspecific Binding
  • Copyright: 2003-02-28
  • Publisher: Routledge

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Author Biography

Laurence Seidman is Chaplin Tyler Professor of Economics at the University of Delaware

Table of Contents

Acknowledgments ix
Introduction xi
Part I
Fiscal Policy to Combat a Severe Recession
3(18)
An Automatic Transfer (Tax Rebate)
21(19)
An Automatic Temporary Consumption Tax Cut
40(13)
Fiscal Discipline With NUBAR (Normal Unemployment Balanced Budget Rule)
53(5)
A Fiscal Policy Advisory Board
58(13)
Part II
Recent Empirical Studies Relevant to Countercyclical Fiscal Policy
71(25)
The Tax Rebate in the 1975 Recession
96(18)
The Tax Rebate in the 2001 Recession
114(25)
Early Studies of Automatic Fiscal Policy
139(14)
Part III
Early Challenges to Countercyclical Fiscal Policy
153(26)
The New Classical Counterrevolution: A False Path for Macroeconomics
179(30)
Fiscal Policy and the Ending of the Great Depression
209(10)
References 219(4)
Index 223(18)
About the Author 241

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