Bookcover of Velocity (V1) as an Indicator for Economic Policy
Booktitle:

Velocity (V1) as an Indicator for Economic Policy

Based on 1917-2010 US Data

LAP LAMBERT Academic Publishing (2011-04-07 )

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ISBN-13:

978-3-8443-2752-6

ISBN-10:
3844327525
EAN:
9783844327526
Book language:
English
Blurb/Shorttext:
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.
Publishing house:
LAP LAMBERT Academic Publishing
Website:
https://www.lap-publishing.com/
By (author) :
Harold van den Ingh
Number of pages:
64
Published on:
2011-04-07
Stock:
Available
Category:
Economics
Price:
49.00 €
Keywords:
Velocity, V1, fiscal policy, public debt, Granger Causality, Economic Policy, Financial Crisis, Fed, v1, Fiscal Policy, Financial crisis, federalism

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