Coverart for item
The Resource Fiscal policy within the IS-LM framework, Shahdad Naghshpour

Fiscal policy within the IS-LM framework, Shahdad Naghshpour

Label
Fiscal policy within the IS-LM framework
Title
Fiscal policy within the IS-LM framework
Statement of responsibility
Shahdad Naghshpour
Creator
Author
Subject
Genre
Language
eng
Summary
Governments 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
Member of
Cataloging source
NYBEP
http://library.link/vocab/creatorName
Naghshpour, Shahdad
Dewey number
339.52
Index
index present
LC call number
HJ192.5
LC item number
N244 2014
Literary form
non fiction
Nature of contents
  • dictionaries
  • abstracts summaries
  • bibliography
Series statement
Economics collection,
http://library.link/vocab/subjectName
  • Fiscal policy
  • BUSINESS & ECONOMICS
  • POLITICAL SCIENCE
  • Fiscal policy
Target audience
  • adult
  • specialized
Label
Fiscal policy within the IS-LM framework, Shahdad Naghshpour
Instantiates
Publication
Note
Part of: 2013 digital library
Bibliography note
Includes bibliographical references (pages 131-136) and index
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Section 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
Control code
869630638
Edition
First edition.
Extent
1 online resource (139 pages).
Form of item
online
Isbn
9781606497234
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Specific material designation
remote
System control number
(OCoLC)869630638
Label
Fiscal policy within the IS-LM framework, Shahdad Naghshpour
Publication
Note
Part of: 2013 digital library
Bibliography note
Includes bibliographical references (pages 131-136) and index
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Section 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
Control code
869630638
Edition
First edition.
Extent
1 online resource (139 pages).
Form of item
online
Isbn
9781606497234
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Specific material designation
remote
System control number
(OCoLC)869630638

Library Locations

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      37.955220 -91.772210
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