Two Australian case studies in active fiscal policy

Carling, Robert G. (1973). Two Australian case studies in active fiscal policy Honours Thesis, School of Economics, The University of Queensland.

       
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Author Carling, Robert G.
Thesis Title Two Australian case studies in active fiscal policy
School, Centre or Institute School of Economics
Institution The University of Queensland
Publication date 1973
Thesis type Honours Thesis
Total pages 129
Language eng
Subjects 14 Economics
Formatted abstract       By evaluating the performance of fiscal policy in macroeconomic stabilization during Australia's most recent two major cyclical disturbances - 1959 to 1964 and 1969 to 1973 - this dissertation searches for the main successes and deficiencies of fiscal stabilization policy in this country.

      The study is confined to active (or discretionary) fiscal policy rather than passive (or automatic) response of the fiscal system on the grounds that the former response is of paramount importance in an economy, such as the Australian one, which tends to remain very finely balanced around the full-employment growth path. Considerable attention is paid to the definition of active fiscal stabilization policy in the context of a growing economy.

      Attention is also paid to the problems involved in the extraction of parts of the general macroeconomic system - on the instruments side, fiscal policy, and on the targets side, stability objectives (and ind.ead not even all of these) - for a partial examination of the relationship between them. It is this partial relationship which is at the heart of the analysis of fiscal policy performance
Additional Notes Variant title: 2 Australian case studies in active fiscal policy.

 
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Created: Thu, 02 Dec 2010, 13:30:41 EST by Muhammad Noman Ali on behalf of The University of Queensland Library