The Resource Business Cycles and Macroeconomic Stability : Should We Rebuild Built-in Stabilizers?, edited by Jean-Oliver Hairault, Pierre-Yves Hénin, Franck Portier, (electronic resource)

Business Cycles and Macroeconomic Stability : Should We Rebuild Built-in Stabilizers?, edited by Jean-Oliver Hairault, Pierre-Yves Hénin, Franck Portier, (electronic resource)

Label
Business Cycles and Macroeconomic Stability : Should We Rebuild Built-in Stabilizers?
Title
Business Cycles and Macroeconomic Stability
Title remainder
Should We Rebuild Built-in Stabilizers?
Statement of responsibility
edited by Jean-Oliver Hairault, Pierre-Yves Hénin, Franck Portier
Creator
Contributor
Subject
Genre
Language
eng
Summary
The future of built-in stabilizers is currently a matter of concern due to the various challenges arising from the processes of fiscal consolidation, international integration and the reflux from the welfare state. The book gathers relevant material for assessing the issue from both theoretical and empirical research. This volume describes the stabilization properties of fiscal policies on business cycles and growth within dynamic equilibrium models. It also gives attention to automatic stabilization within an Economic Union. Both the loss of control over monetary policy and the restraints on the use of fiscal policy for countries entering the EMU are sources of concern about the possibilities of stabilizing fluctuations affecting the members of the Union. Furthermore, attention is given to stabilization and labour market policies. The contribution of labor market institutions to automatic stabilizers is often advocated. Post World War II institutions have brought protection to employment, wages and unemployed substitution revenues which involve stabilization of actual income. Recent institutional changes towards more labor market flexibility, mainly motivated by efficiency purposes, may be costly in terms of stabilization. The final part is on empirical evidence, recent trends and problems in stabilization. It is devoted to empirical studies of the stabilization effect of alternative fiscal policies, emphasizing the experience of European countries in the 1990s
Cataloging source
AU@
http://library.link/vocab/creatorName
Hairault, Jean-Oliver
Dewey number
339
Index
no index present
LC call number
HB172.5
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
  • Hénin, Pierre-Yves
  • Portier, Franck
http://library.link/vocab/subjectName
  • Economics
  • Endogenous growth (Economics)
  • Macroeconomics
  • Finance
  • Economics
  • Endogenous growth (Economics)
  • Finance
  • Macroeconomics
Label
Business Cycles and Macroeconomic Stability : Should We Rebuild Built-in Stabilizers?, edited by Jean-Oliver Hairault, Pierre-Yves Hénin, Franck Portier, (electronic resource)
Link
http://dx.doi.org/10.1007/978-1-4615-6173-6
Instantiates
Publication
Antecedent source
file reproduced from original
Color
mixed
Contents
I Fiscal Policies, Business Cycle and Growth -- 1 An Exploration Into the Effects of Dynamic Economic Stabilization -- 2 Optimal Public Spending in a Business Cycle Model -- 3 Welfare, Stabilization or Growth: A Comparison of Different Fiscal Objectives -- 4 Public Investment, Stabilization and Growth -- II Automatic Stabilizers in an Economic Union -- 5 Monetary Union and the Role of Automatic Stabilizers -- 6 The Efficiency of National and Regional Stabilization Policies -- 7 Insurance Against Asymetric Shocks in a European Monetary Union -- 8 Automatic Stabilizers in a European Perspective -- III Stabilization and Labour Market Policies -- 9 The Cyclical Effects of Labour Market Policy -- 10 Financing Unemployment Benefits in the Business Cycle: Stabilization, Welfare and Equity Issues -- IV Empirical Evidence, Recent Trends and Problems on Stabilization -- 11 Are Automatic Stabilizers Still Effective? The French Case in the Nineties -- 12 Output Stabilization Versus Deficit Sustainability: Is it a Trade-Off ? -- 13 The Effects of Fiscal Policy and the Maastricht Solvency Criteria on European Employment -- 14 Macroeconomic Effects of Fiscal Restructuring in Europe
Dimensions
unknown
Extent
1 online resource (xxv, 341 p.)
File format
unknown
Form of item
online
Isbn
9781461561736
Isbn Type
(electronic bk.)
Level of compression
uncompressed
Other control number
10.1007/978-1-4615-6173-6
Quality assurance targets
unknown
Reformatting quality
access
Sound
unknown sound
Specific material designation
remote
System control number
  • (OCoLC)851703079
  • (OCoLC)ocn851703079
Label
Business Cycles and Macroeconomic Stability : Should We Rebuild Built-in Stabilizers?, edited by Jean-Oliver Hairault, Pierre-Yves Hénin, Franck Portier, (electronic resource)
Link
http://dx.doi.org/10.1007/978-1-4615-6173-6
Publication
Antecedent source
file reproduced from original
Color
mixed
Contents
I Fiscal Policies, Business Cycle and Growth -- 1 An Exploration Into the Effects of Dynamic Economic Stabilization -- 2 Optimal Public Spending in a Business Cycle Model -- 3 Welfare, Stabilization or Growth: A Comparison of Different Fiscal Objectives -- 4 Public Investment, Stabilization and Growth -- II Automatic Stabilizers in an Economic Union -- 5 Monetary Union and the Role of Automatic Stabilizers -- 6 The Efficiency of National and Regional Stabilization Policies -- 7 Insurance Against Asymetric Shocks in a European Monetary Union -- 8 Automatic Stabilizers in a European Perspective -- III Stabilization and Labour Market Policies -- 9 The Cyclical Effects of Labour Market Policy -- 10 Financing Unemployment Benefits in the Business Cycle: Stabilization, Welfare and Equity Issues -- IV Empirical Evidence, Recent Trends and Problems on Stabilization -- 11 Are Automatic Stabilizers Still Effective? The French Case in the Nineties -- 12 Output Stabilization Versus Deficit Sustainability: Is it a Trade-Off ? -- 13 The Effects of Fiscal Policy and the Maastricht Solvency Criteria on European Employment -- 14 Macroeconomic Effects of Fiscal Restructuring in Europe
Dimensions
unknown
Extent
1 online resource (xxv, 341 p.)
File format
unknown
Form of item
online
Isbn
9781461561736
Isbn Type
(electronic bk.)
Level of compression
uncompressed
Other control number
10.1007/978-1-4615-6173-6
Quality assurance targets
unknown
Reformatting quality
access
Sound
unknown sound
Specific material designation
remote
System control number
  • (OCoLC)851703079
  • (OCoLC)ocn851703079

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