000 03626nam a2200457 i 4500
001 10830085
003 CaPaEBR
005 20240726104641.0
008 140125s2014 nyu foab 001 0 eng d
020 _a9781606497234
_q((electronic)l(electronic)ctronic)-book
040 _aCaBNVSL
_beng
_erda
_cCaBNVSL
_dCaBNVSL
050 0 4 _aHJ192
_b.F573 2014
100 1 _aNaghshpour, Shahdad.,
_e1
245 1 0 _aFiscal policy within the IS-LM framework /Shahdad Naghshpour.
250 _aFirst edition.
260 _aNew York, New York (222 East 46th Street, New York, NY 10017) :
_bBusiness Expert Press,
_c(c)2014.
300 _a1 online resource (139 pages)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
490 1 _aEconomics collection,
500 _aPart of: 2013 digital library.
504 _a1 (pages 131-136) and index.
505 0 0 _aSection I. Background and fundamental theories --
_t1. A brief history of fiscal theory --
_t2. Politics and fiscal policy --
_t3. Two blades are better than one: the role of IS-LM --
_tSection II. Interest rate and fiscal theory --
_t4. The role of interest rate in fiscal policy --
_t5. Liquidity preference --
_t6. Operation and effectiveness of fiscal policy --
_t7. Questioning Keynesian theory --
_tSection III. Schools of thought in fiscal theory --
_t8. New Keynesian school --
_t9. Post Keynesian --
_tSection IV. The evidence --
_t10. Empirical evidence regarding fiscal policy --
_t11. Conclusion --
_tGlossary --
_tNotes --
_tReferences --
_tIndex.
520 3 _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.
530 _a2
_ub
530 _aAlso available in printing.
538 _aMode of access: World Wide Web.
538 _aSystem requirements: Adobe Acrobat reader.
588 _aTitle from PDF title page (viewed on January 25, 2014).
650 0 _aFiscal policy.
653 _afiscal policy
653 _ainterest rate
653 _aIS schedule
653 _aLM schedule
653 _amonetary policy
653 _aliquidity
856 4 1 _uhttps://go.openathens.net/redirector/ciu.edu?url=https://portal.igpublish.com/iglibrary/search/BEPB0000229.html
_zClick here to access this RESOURCE ONLINE | Login using your my.ciu username & password
942 _c1
_D
_eBEP
_hHJ192.5
_m(c)2014
_QOB
_R
_x
_8NFIC
_dCynthia Snell
999 _c73739
_d73739
902 _a1
_bCynthia Snell
_c1
_dCynthia Snell