Cover for Applied Macroeconomics for Public Policy

Applied Macroeconomics for Public Policy

Book2018

Authors:

Rafael Yanushevsky and Camilla Yanushevsky

Applied Macroeconomics for Public Policy

Book2018

 

Cover for Applied Macroeconomics for Public Policy

Authors:

Rafael Yanushevsky and Camilla Yanushevsky

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Book description

Applied Macroeconomics for Public Policy applies system and control theory approaches to macroeconomic problems. The book shows how to build simple and efficient macroeconomic mode ... read full description

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    Chapter One - Problems and Tools of Applied Macroeconomics

    Pages 1-48

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    Chapter Two - Fiscal Stimulus Policy

    Pages 49-84

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    Chapter Three - How Dangerous Is National Debt

    Pages 85-108

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    Chapter Four - Realization of Established Goals

    Pages 109-183

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    Chapter Five - Debt-Related Models Software

    Pages 185-193

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    Afterword

    Pages 195-196

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    Appendix A

    Pages 197-203

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    Appendix B

    Pages 205-210

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    Appendix C

    Pages 211-218

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    Appendix D

    Pages 219-222

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    Glossary

    Pages 223-226

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    Index

    Pages 227-235

About the book

Description

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.

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.

Key Features

  • 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
  • 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

Details

ISBN

978-0-12-815632-2

Language

English

Published

2018

Copyright

Copyright © 2018 Elsevier Inc. All rights reserved.

Imprint

Academic Press

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Authors

Rafael Yanushevsky

Research and Technology Consulting, 5106 Danbury Rd., Bethesda, MD 20814, United States

Camilla Yanushevsky

Research and Technology Consulting, 5106 Danbury Rd., Bethesda, MD 20814, United States