Do Loanable Funds Modify the Crowd Out Effects of the One-Variable Deficit (T − G)?

John Heim

Chapter Chapter 17 in Why Fiscal Stimulus Programs Fail, Volume 1, 2021, pp 291-322 from Springer

Abstract: Abstract This chapter verifies that Chapter 15 results can be (and were) replicated in multiple time periods and models. Tests use the one variable of the deficit, government revenue minus government spending (T − G).

Keywords: Consumption; Investment; Government deficits; Crowd out; Loanable funds; Monetary policy (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/978-3-030-65675-1_17

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