Fiscal Stimulus

Some articles on fiscal stimulus, fiscal, stimulus:

Treasury View - Arguments For - Accounting
... view argue that as a matter of accounting (by definition) fiscal stimulus cannot have an economic impact, while critics argue that this argument is fundamentally wrong-headed and mistaken ... That is, NIPA accounting equations hold for a fixed GDP the point of fiscal stimulus is to change GDP, and that changes in government spending are only exactly offset by decreases in ... Keynesians argue that fiscal stimulus can increase GDP, thus making this point moot ...
On The 2008–2009 Keynesian Resurgence
... The Keynesian view receiving most attention has been fiscal stimulus ... at the time, then IMF managing director Dominique Strauss-Kahn had been advocating for global fiscal stimulus from as early as January 2008 ... Gordon Brown built support for fiscal stimulus among global leaders at September's UN General Assembly, after which he went on to secure George Bush's agreement for the ...
Subprime Mortgage Crisis Solutions Debate - Economic Stimulus and Fiscal Policy - Arguments Against Stimulus By Tax Cuts
... There is significant debate among economists regarding which type of fiscal stimulus (e.g ... generates the largest "bang for the buck," which is technically called a fiscal multiplier ... For example, a stimulus of $100 billion that generates $150 billion of incremental economic growth (GDP) would have a multiplier of 1.5 ...
2008–2009 Keynesian Resurgence - Aftermath: 2010 and Later
... makers vulnerable to voices calling for them to abandon Keynesian policy in favour of fiscal consolidation ... activity, though it accepted that some countries had already began to exit from stimulus policies ... earlier global consensus for ongoing Keynesian stimulus had fractured, mirroring the dissensus that had emerged among prominent economists ...

Famous quotes containing the word stimulus:

    Decisive inventions and discoveries always are initiated by an intellectual or moral stimulus as their actual motivating force, but, usually, the final impetus to human action is given by material impulses ... merchants stood as a driving force behind the heroes of the age of discovery; this first heroic impulse to conquer the world emanated from very mortal forces—in the beginning, there was spice.
    Stefan Zweig (18811942)