Do FR Security Purchases, Used as 2 Variable Deficit Modifiers, Reduce Crowd Out, Controlling for Private Savings?

John Heim

Chapter Chapter 17 in Why Fiscal Stimulus Programs Fail, Volume 2, 2021, pp 403-423 from Springer

Abstract: Abstract This chapter again tests for the effectiveness of exogenous loanable funds growth controlling for only private saving and foreign borrowing as other sources of loanable funds. However, in this chapter, the effects off this type of deficit remediation are tested on tax and spending deficits separately. Again, the finding is that total loanable funds or the whole endogenous part is the better control.

Date: 2021
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DOI: 10.1007/978-3-030-64727-8_17

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