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Autor
Beranek William (University of Georgia, Athens), Kamerschen David R. (University of Georgia, Athens)
Tytuł
The Incentive Reward Complex and the Slowest U.S. Post-WW II Recovery on Record
Źródło
Economics and Business Review, 2017, vol. 3 (17), nr 2, s. 3-11, tab., bibliogr. 18 poz.
Słowa kluczowe
Dobra inwestycyjne, Inwestycje, Inwestycje pośrednie, Ulgi inwestycyjne, Wzrost gospodarczy, Produktywność
Investment goods, Investment, Indirect investments, Investment incentives, Economic growth, Productivity
Uwagi
Klasyfikacja JEL: G10, G30, M40
summ.
Firma/Organizacja

Kraj/Region
Stany Zjednoczone Ameryki
United States of America (USA)
Abstrakt
Government policymakers (both Fed and U.S. Treasury) remain puzzled over the lack of vigor in the post-Great Recession recovery of 2010 to 2017, blaming it in part on a slowdown in productivity growth and the retirement of workers. But an equally plausible explanation lies in their failure to recognize the importance of the Incentive Reward Complex in providing an improved springboard for economic growth. Support for this hypothesis lies in the Fed's data base, along with evidence that fails to support stimulus policies of both the U.S. Treasury and the Fed. Rather than more of these types of government interventions, we may need fewer of them along with more of the culture of incentives and rewards. (original abstract)
Dostępne w
Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie
Biblioteka Szkoły Głównej Handlowej
Biblioteka Główna Uniwersytetu Ekonomicznego w Katowicach
Biblioteka Główna Uniwersytetu Ekonomicznego w Poznaniu
Pełny tekst
Pokaż
Bibliografia
Pokaż
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  12. Krugman, P. (2015, June 03). Multipliers and reality. Krugman Blog.nytimes.com. Retrieved from https://krugman.blogs.nytimes.com/2015/06/03/multipliers-andreality/?_r=0.
  13. Meyer, J., & Kuh, E. (1957). The investment decision. Cambridge, Mass.: Harvard University Press.
  14. National Bureau of Economic Research. (2016 ). U.S. business cycle expansion and contraction.
  15. Rinehart, C., & Rogoff, K. (2009). This time is different: eight centuries of financial folly. Princeton, New Jersey: Princeton University Press.
  16. Samuelson, P. (2009, January 26). Interview, Newsweek.
  17. Taylor, J. (2016, May). Can we restart the recovery all over again? American Economic Review, (106)5, 48-51.
  18. Wall Street Journal, op-ed., passim, (2015). and editorial (May 7, 2016.).
Cytowane przez
Pokaż
ISSN
2392-1641
Język
eng
URI / DOI
http://dx.doi.org/10.18559/ebr.2017.2.1
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