The big picture marcoeconomics 12e parkin chapter 13

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The big picture marcoeconomics 12e parkin chapter 13

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Mục lục

  • I. The Federal Budget

  • The Institutions and Laws

  • Highlights of the 2015 Budget

  • The U.S. Budget in Historical Perspective and in Global Perspective

  • II. Supply-Side Effects of Fiscal Policy

  • The Effects of Taxes on Full Employment and Potential GDP

  • Some Real World Tax Wedges … Does the Tax Wedge Matter?

  • Taxes and the Incentive to Save and Invest

  • Tax Revenues and the Laffer Curve

  • III. Generational Effects of Fiscal Policy

  • Generational Accounting and Present Value

  • The Social Security Time Bomb

  • Generational Imbalance

  • IV. Fiscal Stimulus

  • Automatic Fiscal Policy and Cyclical and Structural Budget Balances

  • Discretionary Fiscal Stimulus

  • Fiscal Stimulus

  • Fiscal Stimulus and Aggregate Supply

  • Limitations of Discretionary Fiscal Policy

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