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Chapter One - Problems and Tools of Applied Macroeconomics
Pages 1-48 - Book chapterAbstract only
Chapter Two - Fiscal Stimulus Policy
Pages 49-84 - Book chapterAbstract only
Chapter Three - How Dangerous Is National Debt
Pages 85-108 - Book chapterAbstract only
Chapter Four - Realization of Established Goals
Pages 109-183 - Book chapterAbstract only
Chapter Five - Debt-Related Models Software
Pages 185-193 - Book chapterNo access
Afterword
Pages 195-196 - Book chapterNo access
Appendix A
Pages 197-203 - Book chapterNo access
Appendix B
Pages 205-210 - Book chapterNo access
Appendix C
Pages 211-218 - Book chapterNo access
Appendix D
Pages 219-222 - Book chapterNo access
Glossary
Pages 223-226 - Book chapterNo access
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