Search Results - "Scarth, William M."

Is policy perversity consistent with Keynesian business cycles? by Myatt, Anthony, Scarth, William M.

“…It has long been recognized that higher spending can, by raising interest rates and thereby firms’ short-run marginal costs, have stagflationary supply-side…”
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Adjustment Costs and Aggregate Demand Theory by Bailey, Roy E., Scarth, William M.

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Aggregate Demand-Supply Analysis and Its Critics: An Evaluation of the Controversy by Scarth, William

“…While acknowledging that the AD-AS model is sometimes applied carelessly, this note defends this analytical framework against charges that it is internally…”
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Federal Debt Reduction: Choosing Paths by William B. P. Robson, Scarth, William M.

“…La lenteur du gouvernement fédéral à exposer une stratégie de réduction de la dette à long terme provient vraisemblablement des désaccords sur la vitesse à…”
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Is Non-Monetarist Arithmetic Just as Unpleasant? by Kneebone, Ronald D., Scarth, William M.

“…Money financing involves much more pleasant arithmetic than does bond financing of deficits. The feasibility of alternative bond financing options is examined…”
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Real Disturbances and Exchange Rate Policy: A Correction by Scarth, William M.

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An Evaluation of the Working Income Tax Benefit by Scarth, William, Tang, Lei

“…Dans le Budget de 2007, le gouvernement fédéral a institué un crédit d'impôt sur les revenus salariaux, appelé Prestation fiscale pour le revenu gagné. Or,…”
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Can Economic Growth Make Monetarist Arithmetic Pleasant? by Scarth, William M.

“…Two issues are considered separately: 1. whether bond-financed deficits are feasible, in the sense that the bonds/output ratio converges to a steady-state…”
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Real Disturbances, Perfect Capital Mobility, and Exchange Rate Policy by Scarth, William M.

“…The type of exchange rate regime used by a country vastly affects how disturbances from outside the country impact conditions within the country. Generally a…”
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The Government Budget Constraint in an Open Economy: A Further Comment by Scarth, William M.

“…IN a recent issue of this journal (Scarth, 1975), I published a paper extending the government financing constraint literature to apply to an open economy, in…”
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Fiscal Policy and the Government Budget Constraint under Alternative Exchange-Rate Systems by Scarth, William M.

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The Effects on Economic Stability of Indexing the Tax System and Government Bond Yields for Inflation by Scarth, William M.

“…The effects on economic stability of indexing the tax system and government bond yields for inflation. A standard, fairly classical, macro model is used to…”
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Monetarism and Income Controls: A Review by Scarth, William M.

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The Financing of Stabilization Policies: Evidence for the Canadian Economy by Scarth, William M.

“…The Financing of Stabilization Policies: Evidence for the Canadian Economy. This paper examines the importance of including a government financing constraint…”
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The Real Wage-Employment Relationship by Scarth, William M., Myatt, Anthony

“…One of the predictions of the standard macroeconomic model which is often regarded as embarrassing is that the real wage should move counter-cyclically. The…”
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Fiscal Policy Can Raise Both Employment and Productivity by Scarth, William

“…According to the conventional wisdom, we face a trade-off between our equity and efficiency objectives. The author challenges this proposition. He shows in a…”
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GROWTH AND INEQUALITY: A REVIEW ARTICLE by Scarth, William

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The Elasticity of Substitution and the Shape of the Transformation Curve by Scarth, William M., Warne, Robert D.

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Monetary Policy and Built-In Stability by Lam, Jean-Paul, Scarth, William

“…Concern about globalization has rekindled interest in a longstanding issue—the implications for macroeconomic stability of alternative monetary/exchange–rate…”
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Payroll Taxes in Canada: Pros and Cons; Ups and Downs: [Introduction] by William B. P. Robson, Scarth, William M.

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