Can Contractionary Fiscal Policy Be Expansionary?

Format:

• Book
• Government document

Language:

English

Subjects (All):

• Budget--United States.
• Budget.
• United States.
• Business cycles.
• Fiscal policy.
• Debts, Public.

Physical Description:

• 1 online resource (1 online resource (18 p), digital, PDF file)
• monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2011.

System Details:

text file

Summary:

Explains mainstream theory of contractionary fiscal policy, which argues that cutting spending will contract the economy in the short run; and presents theoretical explanations for reversing effects of fiscal policy. Reviews empirical evidence used to challenge this theory, and considers long-run consequences of budget deficits.

Notes:

• Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed May 2014). Reuse except for individual research requires license from ProQuest, LLC.
• CRS Report.

Other Format:

Microfiche version: Library of Congress. Government Division. Can Contractionary Fiscal Policy Be Expansionary

Access Restriction:

Restricted for use by site license.