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Applied Macroeconomics for Public Policy

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Muestra
Ficha Técnica
Descripción

Applied Macroeconomics for Public Policy applies system and control theory approaches to macroeconomic problems. The book shows how to build simple and efficient macroeconomic models for policy analysis. By using these models, instead of complex multi-criteria models with uncertain parameters, readers will gain new certainty in macroeconomic decision-making. As high debt to GDP ratios cause problems in societies, this book provides insights on improving economies during and after economic downturns.

  • Provides a detailed analysis of existing macroeconomic models
  • Addresses the dynamics of debt to GDP ratio and the effects of fiscal and monetary policy on this ratio
  • Shows how to use models to evaluate the dynamics of the debt to GDP ratio in cases of government spending and tax cuts and to decide whether such economic measures are efficient
  • Uses optimal theory to obtain optimal yearly debt levels to reach the established goals (decrease debt or balance budget)
  • Provides many examples and software exercises to promote learning by doing

1. 2.1. Introduction - p. 49 2. 2.2. The Debt to GDP Ratio Dynamics for Fiscal Expenditure Stimulus - p. 51 3. 2.3. The Debt to GDP Ratio Dynamics for Fiscal Stimulus Policy - p. 57 4. 2.4. Discrete Debt to GDP Ratio Dynamics Models for Fiscal Stimulus Policy - p. 59 5. 2.5. Generalized Debt to GDP Ratio Dynamics Model - p. 65 6. 2.6. The Consequences of High National Debt - p. 70 7. Chapter Three. How Dangerous Is National Debt - p. 85 8. Chapter Four. Realization of Established Goals - p. 109 9. Chapter Five. Debt-Related Models Software - p. 185 10. Afterword - p. 195 11. Appendix A - p. 197 12. Appendix B - p. 205 13. Appendix C - p. 211 14. Appendix D - p. 219 15. Glossary - p. 223 16. Index - p. 227

Descripcion
Descripción

Applied Macroeconomics for Public Policy applies system and control theory approaches to macroeconomic problems. The book shows how to build simple and efficient macroeconomic models for policy analysis. By using these models, instead of complex multi-criteria models with uncertain parameters, readers will gain new certainty in macroeconomic decision-making. As high debt to GDP ratios cause problems in societies, this book provides insights on improving economies during and after economic downturns.

  • Provides a detailed analysis of existing macroeconomic models
  • Addresses the dynamics of debt to GDP ratio and the effects of fiscal and monetary policy on this ratio
  • Shows how to use models to evaluate the dynamics of the debt to GDP ratio in cases of government spending and tax cuts and to decide whether such economic measures are efficient
  • Uses optimal theory to obtain optimal yearly debt levels to reach the established goals (decrease debt or balance budget)
  • Provides many examples and software exercises to promote learning by doing

1. 2.1. Introduction - p. 49 2. 2.2. The Debt to GDP Ratio Dynamics for Fiscal Expenditure Stimulus - p. 51 3. 2.3. The Debt to GDP Ratio Dynamics for Fiscal Stimulus Policy - p. 57 4. 2.4. Discrete Debt to GDP Ratio Dynamics Models for Fiscal Stimulus Policy - p. 59 5. 2.5. Generalized Debt to GDP Ratio Dynamics Model - p. 65 6. 2.6. The Consequences of High National Debt - p. 70 7. Chapter Three. How Dangerous Is National Debt - p. 85 8. Chapter Four. Realization of Established Goals - p. 109 9. Chapter Five. Debt-Related Models Software - p. 185 10. Afterword - p. 195 11. Appendix A - p. 197 12. Appendix B - p. 205 13. Appendix C - p. 211 14. Appendix D - p. 219 15. Glossary - p. 223 16. Index - p. 227

Indice
Autores
Muestra
Ficha Técnica