Bild 1 von 11











Galerie
Bild 1 von 11











Ähnlichen Artikel verkaufen?
Fiskalpolitik zu niedrigen Zinsen von Olivier Blanchard (2023, MIT)
US $18,49
Ca.CHF 14,68
Artikelzustand:
Sehr gut
Buch, das nicht neu aussieht und gelesen wurde, sich aber in einem hervorragenden Zustand befindet. Der Einband weist keine offensichtlichen Beschädigungen auf. Bei gebundenen Büchern ist der Schutzumschlag vorhanden (sofern zutreffend). Alle Seiten sind vollständig vorhanden, es gibt keine zerknitterten oder eingerissenen Seiten und im Text oder im Randbereich wurden keine Unterstreichungen, Markierungen oder Notizen vorgenommen. Der Inneneinband kann minimale Gebrauchsspuren aufweisen. Minimale Gebrauchsspuren. Genauere Einzelheiten sowie eine Beschreibung eventueller Mängel entnehmen Sie bitte dem Angebot des Verkäufers.
Oops! Looks like we're having trouble connecting to our server.
Refresh your browser window to try again.
Versand:
US $4,63 (ca. CHF 3,68) USPS Media MailTM.
Standort: Vernon-Rockville, Connecticut, USA
Lieferung:
Lieferung zwischen Do, 10. Jul und Mo, 14. Jul nach 94104 bei heutigem Zahlungseingang
Rücknahme:
30 Tage Rückgabe. Käufer zahlt Rückversand. Wenn Sie ein eBay-Versandetikett verwenden, werden die Kosten dafür von Ihrer Rückerstattung abgezogen.
Zahlungen:
Sicher einkaufen
Der Verkäufer ist für dieses Angebot verantwortlich.
eBay-Artikelnr.:126571706483
Artikelmerkmale
- Artikelzustand
- ISBN
- 9780262544870
Über dieses Produkt
Product Identifiers
Publisher
MIT Press
ISBN-10
0262544873
ISBN-13
9780262544870
eBay Product ID (ePID)
26057255273
Product Key Features
Book Title
Fiscal Policy under Low Interest Rates
Number of Pages
192 Pages
Language
English
Publication Year
2023
Topic
Public Finance, Economics / Macroeconomics, Public Policy / Economic Policy, Money & Monetary Policy
Illustrator
Yes
Genre
Political Science, Business & Economics
Format
Trade Paperback
Dimensions
Item Height
0.5 in
Item Weight
8.2 Oz
Item Length
9 in
Item Width
6 in
Additional Product Features
Intended Audience
Trade
LCCN
2022-017741
Dewey Edition
23
Dewey Decimal
332.415
Table Of Content
List of Figures ix Preface xi 1 Introduction 1 2 Preliminaries 13 3 The Evolution of Interest Rates, Past and Future 27 4 Debt Sustainability 49 5 Welfare Costs and Benefits of Debt and Deficits 89 6 Fiscal Policy in Action 117 7 Summary and Open Issues 139 Bibliography 145 Index 153
Synopsis
Rethinking fiscal and monetary policy in an economic environment of high debt and low interest rates. Policy makers in advanced economies find themselves in an unusual fiscal environment- debt ratios are historically high, and-once the fight against inflation is won-real interest rates will likely be very low again. This combination calls for a rethinking of the role of fiscal and monetary policy-and this is just what Olivier Blanchard proposes in Fiscal Policy under Low Interest Rates . There is a wide set of opinions about the direction that fiscal policy should take. Some, pointing to the high debt levels, make debt reduction an absolute priority. Others, pointing to the low interest rates, are less worried; they suggest that there is still fiscal space, and, if justified, further increases in debt should not be ruled out. Blanchard argues that low interest rates decrease not only the fiscal costs of debt but also the welfare costs of debt. At the same time, he shows how low rates decrease the room to maneuver in monetary policy-and thus increase the benefits of using fiscal policy, including deficits and debt, for macroeconomic stabilization. In short, low rates imply lower costs and higher benefits of debt. Having sketched what optimal policy looks like, Blanchard considers three examples of fiscal policy in action- fiscal consolidation in the wake of the Global Financial Crisis, the large increase in debt in Japan, and the current US fiscal and monetary policy mix. His conclusions hold practical implications for economic and fiscal policy makers, bankers, and politicians around the world., Rethinking fiscal and monetary policy in an economic environment of high debt and low interest rates. Policy makers in advanced economies find themselves in an unusual fiscal environment: debt ratios are historically high, while real interest rates are extremely low. Such a fundamental change, which seems likely to last, calls for a rethinking of the role of fiscal and monetary policy--and this is just what Olivier Blanchard proposes in Fiscal Policy under Low Interest Rates . There is a wide set of opinions about the direction that fiscal policy should take. Some, pointing to the high debt levels, make debt reduction an absolute priority. Others, pointing to the low interest rates, are less worried; they suggest that there is still fiscal space, and, if justified, further increases in debt should not be ruled out. Blanchard argues that low interest rates decrease not only the fiscal costs of debt but also the welfare costs of debt. At the same time, he shows how low rates decrease the room to maneuver in monetary policy--and thus increase the benefits of using fiscal policy, including deficits and debt, for macroeconomic stabilization. In short, low rates imply lower costs and higher benefits of debt. Having sketched what optimal policy looks like, Blanchard considers three examples of fiscal policy in action: fiscal consolidation in the wake of the Global Financial Crisis, the large increase in debt in Japan, and the current US fiscal and monetary policy mix. His conclusions hold practical implications for economic and fiscal policy makers, bankers, and politicians around the world.
LC Classification Number
HJ192.5.B53 2022
Artikelbeschreibung des Verkäufers
Info zu diesem Verkäufer
BookJack
100% positive Bewertungen•2.5 Tsd. Artikel verkauft
Angemeldet als privater VerkäuferDaher finden verbraucherschützende Vorschriften, die sich aus dem EU-Verbraucherrecht ergeben, keine Anwendung. Der eBay-Käuferschutz gilt dennoch für die meisten Käufe.
Verkäuferbewertungen (1'229)
- g***u (456)- Bewertung vom Käufer.Letzter MonatBestätigter KaufArrived quickly and as described, thank you!
- j***d (388)- Bewertung vom Käufer.Letzter MonatBestätigter KaufExcellent
- 8***z (136)- Bewertung vom Käufer.Letzter MonatBestätigter KaufOrdered this like new and it is in PERFECT condition! Beautiful. I love it! Arrived 2 days earlier than anticipated and packed very well. Great price and satisfying purchase. A+++ Seller