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Counterfactual analysis among Covid-19: fiscal and monetary policy for green economic recovery

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dc.creator Thanh Tiep Le, Thanh Tiep Le
dc.creator Lu, Lu
dc.creator Liu, Zhen
dc.creator Saydaliev, Hayot Berk
dc.date 2022-03-01T00:00:00Z
dc.date.accessioned 2022-05-10T11:14:58Z
dc.date.available 2022-05-10T11:14:58Z
dc.identifier 08fde5e1-973c-4b7a-bb55-528e09fe4391
dc.identifier 10.1080/1331677x.2022.2042710
dc.identifier https://avesis.sdu.edu.tr/publication/details/08fde5e1-973c-4b7a-bb55-528e09fe4391/oai
dc.identifier.uri http://acikerisim.sdu.edu.tr/xmlui/handle/123456789/96457
dc.description This study examines fiscal-monetary policy links in America across a time period that includes the recent global economic crisis and the COVID-19 emergency. Hypotheses deviate that regulatory administrations are permanent and calculate fiscal policy yearly percentage rate and budgetary regulations which are likely to change between two governments. Additionally, study uses the VAR technique to evaluate the effects of financial initiatives similar to those undertaken in the aftermath of the Covid-19 outbreak. Results discovered that fiscal policy is more successful than monetary policy, and that lavishing on public debt helps increase short-run economic performance. People argue that concerns about a rapid rise in prices as a result of fiscal stimulus are unfounded because the US economy was not close to full employment or full use of funds prior to the global epidemic, and the dissemination processes that could contribute to accelerating rising prices are not always in place. As a result, with the withdrawal of monetary stimulus, the favourable effects on actual GDP and real private expenditure are gone. Long-term mortgage rates have risen, money invested has decreased, and prices have risen, raising concerns about the banking system's inflationary tendency.
dc.language eng
dc.rights info:eu-repo/semantics/closedAccess
dc.title Counterfactual analysis among Covid-19: fiscal and monetary policy for green economic recovery
dc.type info:eu-repo/semantics/article


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