Summary of the Science Showing “Crowd Out” Exists and Accommodative Monetary Policy Can Offset It

John Heim

Chapter Chapter 27 in Why Fiscal Stimulus Programs Fail, Volume 2, 2021, pp 563-574 from Springer

Abstract: Abstract This chapter summarizes the tests of the total loanable funds variable as a crowd out offset, as well as the exogenous and endogenous loanable funds components as crowd out offsets.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-64727-8_27

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DOI: 10.1007/978-3-030-64727-8_27

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