Macroeconomic Policy and Public Choice:
Subject of this book is the intersection between political science and macroeconomics. The central idea is the existence of a political economic equilibrium in which the government acts to dampen the business cycle. The election cycle implies that this equilibrium may be a cycle rather than a point....
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Berlin, Heidelberg
Springer Berlin Heidelberg
1997
|
| Edition: | 1st ed. 1997 |
| Subjects: | |
| Online Access: | BTU01 Volltext |
| Summary: | Subject of this book is the intersection between political science and macroeconomics. The central idea is the existence of a political economic equilibrium in which the government acts to dampen the business cycle. The election cycle implies that this equilibrium may be a cycle rather than a point. An extension of new Keynesian theory provides a model of endogenous stabilization in which the government practices short-run stabilization policy which dampens the impact of exogenous shocks. This is a situation in which rational voters favor discretionary policy over a fixed policy rule even with rational economic agents. Special attention is given to the relevant data and to the possibilities of hypothesis testing |
| Physical Description: | 1 Online-Ressource (XVII, 275 p) |
| ISBN: | 9783642605642 |
| DOI: | 10.1007/978-3-642-60564-2 |
Staff View
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| dewey-full | 339 |
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| edition | 1st ed. 1997 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T15:15:40Z |
| indexdate | 2024-07-10T08:56:13Z |
| institution | BVB |
| isbn | 9783642605642 |
| language | English |
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| physical | 1 Online-Ressource (XVII, 275 p) |
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| spelling | Kiefer, David Verfasser aut Macroeconomic Policy and Public Choice by David Kiefer 1st ed. 1997 Berlin, Heidelberg Springer Berlin Heidelberg 1997 1 Online-Ressource (XVII, 275 p) txt rdacontent c rdamedia cr rdacarrier Subject of this book is the intersection between political science and macroeconomics. The central idea is the existence of a political economic equilibrium in which the government acts to dampen the business cycle. The election cycle implies that this equilibrium may be a cycle rather than a point. An extension of new Keynesian theory provides a model of endogenous stabilization in which the government practices short-run stabilization policy which dampens the impact of exogenous shocks. This is a situation in which rational voters favor discretionary policy over a fixed policy rule even with rational economic agents. Special attention is given to the relevant data and to the possibilities of hypothesis testing Macroeconomics/Monetary Economics//Financial Economics Political Science Macroeconomics Political science Stabilitätspolitik (DE-588)4077791-1 gnd rswk-swf Ökonomische Theorie der Politik (DE-588)4043214-2 gnd rswk-swf Public-Choice-Theorie (DE-588)4233109-2 gnd rswk-swf Stabilitätspolitik (DE-588)4077791-1 s Ökonomische Theorie der Politik (DE-588)4043214-2 s DE-604 Public-Choice-Theorie (DE-588)4233109-2 s Erscheint auch als Druck-Ausgabe 9783540648727 Erscheint auch als Druck-Ausgabe 9783540617570 Erscheint auch als Druck-Ausgabe 9783642605659 https://doi.org/10.1007/978-3-642-60564-2 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Kiefer, David Macroeconomic Policy and Public Choice Macroeconomics/Monetary Economics//Financial Economics Political Science Macroeconomics Political science Stabilitätspolitik (DE-588)4077791-1 gnd Ökonomische Theorie der Politik (DE-588)4043214-2 gnd Public-Choice-Theorie (DE-588)4233109-2 gnd |
| subject_GND | (DE-588)4077791-1 (DE-588)4043214-2 (DE-588)4233109-2 |
| title | Macroeconomic Policy and Public Choice |
| title_auth | Macroeconomic Policy and Public Choice |
| title_exact_search | Macroeconomic Policy and Public Choice |
| title_exact_search_txtP | Macroeconomic Policy and Public Choice |
| title_full | Macroeconomic Policy and Public Choice by David Kiefer |
| title_fullStr | Macroeconomic Policy and Public Choice by David Kiefer |
| title_full_unstemmed | Macroeconomic Policy and Public Choice by David Kiefer |
| title_short | Macroeconomic Policy and Public Choice |
| title_sort | macroeconomic policy and public choice |
| topic | Macroeconomics/Monetary Economics//Financial Economics Political Science Macroeconomics Political science Stabilitätspolitik (DE-588)4077791-1 gnd Ökonomische Theorie der Politik (DE-588)4043214-2 gnd Public-Choice-Theorie (DE-588)4233109-2 gnd |
| topic_facet | Macroeconomics/Monetary Economics//Financial Economics Political Science Macroeconomics Political science Stabilitätspolitik Ökonomische Theorie der Politik Public-Choice-Theorie |
| url | https://doi.org/10.1007/978-3-642-60564-2 |
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