Total and Endogenous Parts of Loanable Funds as a Stand Alone Deficit Modifiers: Comparison of Cptrs. 11, 18, 21 and 24 Test Results

John Heim

Chapter Chapter 22 in Why Fiscal Stimulus Programs Fail, Volume 2, 2021, pp 519-525 from Springer

Abstract: Abstract This chapter compares the effectiveness of just endogenous vs. total loanable funds during six different time periods and finds total loanable funds explained more of the variation in the effects of crowd out in consumption and investment models than just endogenous loanable funds alone.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-64727-8_22

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DOI: 10.1007/978-3-030-64727-8_22

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