Automatic Fiscal Policies to Combat Recessions

1st Edition

Laurence S. Seidman

Routledge
Published February 28, 2003
Reference - 248 Pages
ISBN 9780765611116 - CAT# Y181447

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Summary

Drawing on the most prominent research in the field, this timely book offers bold new fiscal policies that can complement current automatic stabilizers and counter-cyclical monetary policy to help combat recessions. Dr. Seidman argues for an independent fiscal policy board or the Federal Reserve to decide changes in the magnitude of Congress's fiscal policy package of stimulus or restraint, with recommendations going into effect immediately, subject only to Congressional override.

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