Articles liés à Velocity (V1) as an Indicator for Economic Policy:...

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

Van Den Ingh, Harold

 
9783844327526: Velocity (V1) as an Indicator for Economic Policy: Based on 1917-2010 US Data

Synopsis

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.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

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.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.