Velocity (V1) as an Indicator for Economic Policy: Based on 1917-2010 US Data - Softcover

Van Den Ingh, Harold

Softcover

ISBN 10: 3844327525 ISBN 13: 9783844327526

Verlag: LAP Lambert Academic Publishing, 2011

Inhaltsangabe

The velocity of income (V1) is considered for the United States over the past century, and more thoroughly examined within the current context of the financial crisis. With all inference based on 1 percent significance testing, a Granger Causality relationship from velocity growth to real income growth formalizes velocity's importance. Its long- and short-run behavior is estimated reserving a role for previous empirical literature and current extraordinary stimulating packages. Fiscal policy in terms of public debt accumulation appears to be substantially negatively influencing velocity behavior. A negative Granger Causality linkage from public debt growth to velocity growth makes a case for a gradual run-down in public debt.

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Über die Autorin bzw. den Autor

Harold R. van den Ingh LLM MSc (1985), studied Tax Law at Leiden University and International Economics at Erasmus University Rotterdam (with distinction). Currently employed as Tax Adviser at Loyens & Loeff N.V., Rotterdam.

Details zur Ausgabe

• Verlag: LAP Lambert Academic Publishing
• Erscheinungsdatum: 2011
• ISBN 10: 3844327525
• ISBN 13: 9783844327526
• Einband: Tapa blanda
• Sprache: Englisch
• Anzahl der Seiten: 64
• Kontakt zum Hersteller: Nicht verfügbar