BazEkon - Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie

BazEkon home page

Meny główne

Beranek William (University of Georgia, Athens), Kamerschen David R. (University of Georgia, Athens)
The Incentive Reward Complex and the Slowest U.S. Post-WW II Recovery on Record
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
Klasyfikacja JEL: G10, G30, M40
Stany Zjednoczone Ameryki
United States of America (USA)
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 w Warszawie
Biblioteka Główna Uniwersytetu Ekonomicznego w Katowicach
Biblioteka Główna Uniwersytetu Ekonomicznego w Poznaniu
Pełny tekst
  1. Alchian, A. (1950). Uncertainty, evolution and economic theory. Journal of Political Economy, 58(3), 211-221.
  2. Barro, R., & Jin, T. (2016). Rare events and long-run risks, NBER Working Paper No. 21871.
  3. Batkins, S. (2016, August 6). 600 major regulations. Insight, American Action Forum. Retrieved from
  4. Bierman, H., & Smidt, S. (1964). The capital budgeting decision. New York, NY: Macmillan Publisher.
  5. Federal Reserve Bank of Saint Louis. (2016). Using data from U.S. Department of Commerce, Bureau of Economic Analysis.
  6. Feldstein, M. (2013, December 8). Saving the fed from itself. New York Times.
  7. Friedman, M. (1962) . Capitalism and freedom. Chicago, Ill.: University of Chicago Press.
  8. Gordon, R. (2016, May). Perspectives on the rise and fall of American growth. American Economic Review, 105(5), 72-76.
  9. Hansen, A. (1941). Fiscal policy and business cycles. London, England: H.H. Norton.
  10. Jorgenson, D. (1962, November). Capital theory and investor behavior. American Economic Review, 2, 247-259.
  11. Keynes, J. M. (1936). The general theory of employment, interest, and money. London, England : Harcourt Inc.
  12. Krugman, P. (2015, June 03). Multipliers and reality. Krugman Retrieved from
  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
Udostępnij na Facebooku Udostępnij na Twitterze Udostępnij na Google+ Udostępnij na Pinterest Udostępnij na LinkedIn Wyślij znajomemu