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The Supply-Side Effects of Economic Policy

The Supply-Side Effects of Economic Policy
Author: L.H. Meyer
Publisher: Springer
Total Pages: 280
Release: 2011-11-05
Genre: Business & Economics
ISBN: 9789400981768

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On October 24 and 25, 1980, the Center for the Study of American Business at Washington University and the Federal Reserve Bank of St. Louis cosponsored their fifth annual conference, "The Supply-Side Effects of Economic Policy." This volume contains the papers and comments delivered at that conference. Proponents of "supply-side economics" have challenged the policy recommendations that emerge from "Keynesian" macroeconometric models. These models focus on the effects of economic policy on the demand for output. Supply-side economics, in contrast, emphasizes the response of output to changes in the supply of inputs. Decisions affecting the capital stock and employment-in particular, saving and investment decisions and labor force participation and hours decisions-are the focus of the supply-siders' attention. The 1980 conference examined most of the major themes associated with supply-side economics. The papers in Part I of this volume develop the theory underlying various supply-side propositions and present empirical evidence in support of some of these propositions. In Part II, the effect of taxes on capital formation and the effect of increased capital formation on output growth and inflation are examined. The effect of tax and transfer programs on labor supply, employment and unemployment are examined in Part III. The final section contains the special luncheon and dinner presentations.


The Supply-Side Effects of Economic Policy

The Supply-Side Effects of Economic Policy
Author: Washington University (Saint Louis, Mo.). Center for the Study of American Business
Publisher: Springer
Total Pages: 288
Release: 1981-12-31
Genre: Business & Economics
ISBN:

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On October 24 and 25, 1980, the Center for the Study of American Business at Washington University and the Federal Reserve Bank of St. Louis cosponsored their fifth annual conference, "The Supply-Side Effects of Economic Policy." This volume contains the papers and comments delivered at that conference. Proponents of "supply-side economics" have challenged the policy recommendations that emerge from "Keynesian" macroeconometric models. These models focus on the effects of economic policy on the demand for output. Supply-side economics, in contrast, emphasizes the response of output to changes in the supply of inputs. Decisions affecting the capital stock and employment-in particular, saving and investment decisions and labor force participation and hours decisions-are the focus of the supply-siders' attention. The 1980 conference examined most of the major themes associated with supply-side economics. The papers in Part I of this volume develop the theory underlying various supply-side propositions and present empirical evidence in support of some of these propositions. In Part II, the effect of taxes on capital formation and the effect of increased capital formation on output growth and inflation are examined. The effect of tax and transfer programs on labor supply, employment and unemployment are examined in Part III. The final section contains the special luncheon and dinner presentations.


The Supply-side Effects of Economic Policy

The Supply-side Effects of Economic Policy
Author: Economic Policy Conference of the Federal Reserve Bank of St. Louis
Publisher:
Total Pages: 266
Release: 1981
Genre:
ISBN:

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The Supply Side

The Supply Side
Author: Thomas R. Swartz
Publisher: McGraw-Hill Companies
Total Pages: 256
Release: 1983
Genre: Political Science
ISBN: 9780879674762

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Viewpoints on Supply-side Economics

Viewpoints on Supply-side Economics
Author: Thomas J. Hailstones
Publisher: Prentice Hall
Total Pages: 324
Release: 1982
Genre: Business & Economics
ISBN:

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This volume contains some primer material and most of the contributions are at the conversational level, directed mainly at the nonspecialist. Covers a broad selection of issues with contributors ranging from Arthur Laffer on the advocacy side to James Tobin for the opposition. Includes a discussion on the validity of Keynesian economics and specific aspects of the Reagan economic program. ISBN 0-8359-8386-2.


Supply-side Economics

Supply-side Economics
Author: Richard H. Fink
Publisher: Frederick, Md. : Aletheia Books
Total Pages: 520
Release: 1982
Genre: Economic policy
ISBN:

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"Aletheia books" Includes bibliographical references.


Supply-Side Effects of Disinflation Programs

Supply-Side Effects of Disinflation Programs
Author: Mr.Jorge Roldos
Publisher: International Monetary Fund
Total Pages: 36
Release: 1994-07-01
Genre: Business & Economics
ISBN: 1451954425

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This paper focuses on the short-run and long-run supply-side effects of disinflation programs in a two-sector economy. Fixing the exchange rate reduces the wedge between the return on foreign assets and that on domestic capital, leading to an increase in the latter. After an initial real exchange rate appreciation and increase in the production of nontradables—due to a consumption boom—the new capital is gradually installed in the tradable sector. During this transitional period, further real appreciation takes place—as the expansion of the tradable sector pulls labor away from the nontradable sector—together with investment-driven deficits in the current account. We conclude that when appreciation and deficits are due to supply-side rigidities, rather than to credibility and/or price stickiness, no further policies (i.e., capital controls, incomes policies) are advisable.


Supply Side Economics

Supply Side Economics
Author: Fouad Sabry
Publisher: One Billion Knowledgeable
Total Pages: 366
Release: 2024-02-05
Genre: Business & Economics
ISBN:

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What is Supply Side Economics Supply-side economics is a macroeconomic theory postulating that economic growth can be most effectively fostered by lowering taxes, decreasing regulation, and allowing free trade. According to supply-side economics, consumers will benefit from greater supplies of goods and services at lower prices, and employment will increase. Supply-side fiscal policies are designed to increase aggregate supply, as opposed to aggregate demand, thereby expanding output and employment while lowering prices. Such policies are of several general varieties:Investments in human capital, such as education, healthcare, and encouraging the transfer of technologies and business processes, to improve productivity. Encouraging globalized free trade via containerization is a major recent example.Tax reduction, to provide incentives to work, invest and take risks. Lowering income tax rates and eliminating or lowering tariffs are examples of such policies.Investments in new capital equipment and research and development (R&D), to further improve productivity. Allowing businesses to depreciate capital equipment more rapidly gives them an immediate financial incentive to invest in such equipment.Reduction in government regulations, to encourage business formation and expansion. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Supply-side economics Chapter 2: Reaganomics Chapter 3: Economic Recovery Tax Act of 1981 Chapter 4: Fiscal policy Chapter 5: Arthur Laffer Chapter 6: Jude Wanniski Chapter 7: Tax cut Chapter 8: Trickle-down economics Chapter 9: Dynamic scoring Chapter 10: Stephen Moore (writer) Chapter 11: Fiscal conservatism Chapter 12: Tax efficiency Chapter 13: Bush tax cuts Chapter 14: Larry Kudlow Chapter 15: Laffer curve Chapter 16: Political debates about the United States federal budget Chapter 17: Deficit reduction in the United States Chapter 18: Kansas experiment Chapter 19: Reagan tax cuts Chapter 20: Economic policy of the Donald Trump administration Chapter 21: Tax Cuts and Jobs Act (II) Answering the public top questions about supply side economics. (III) Real world examples for the usage of supply side economics in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Supply Side Economics.


The Effectiveness of Fiscal Policy in Stimulating Economic Activity

The Effectiveness of Fiscal Policy in Stimulating Economic Activity
Author: Richard Hemming
Publisher: International Monetary Fund
Total Pages: 60
Release: 2002-12
Genre: Business & Economics
ISBN:

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This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.