Comparing Alternate Views after the Great Recession
نام ساير پديدآوران
Yasar, Yavuz
وضعیت نشر و پخش و غیره
نام ناشر، پخش کننده و غيره
University of Denver
تاریخ نشرو بخش و غیره
2019
مشخصات ظاهری
نام خاص و کميت اثر
106
یادداشتهای مربوط به پایان نامه ها
جزئيات پايان نامه و نوع درجه آن
M.A.
کسي که مدرک را اعطا کرده
University of Denver
امتياز متن
2019
یادداشتهای مربوط به خلاصه یا چکیده
متن يادداشت
This thesis reviews the major theoretical frameworks and their outlook on the government spending, its effectiveness, the implied size of the multiplier and how they differed in empirical studies. This is followed by an estimation of the government multiplier for the major U.S. fiscal policy, namely the American Recovery and Reinvestment Act (ARRA), after the Great Recession of 2007-2009. Own estimation of the size of the multiplier is presented using a standard SVAR model based on New Keynesian approach for time period between 2009 and 2018. In addition, following the classical economic theory, the multiplier is recalculated in the absence of Finance, Insurance, and Real Estate (FIRE) sector which is considered to be unproductive sector since it does not add value according to the classical theory. I find the multiplier to be below unity during this period with the exception when the FIRE industries are excluded.
موضوع (اسم عام یاعبارت اسمی عام)
موضوع مستند نشده
Economics
نام شخص به منزله سر شناسه - (مسئولیت معنوی درجه اول )