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The National Income Between Monetary and Fiscal Actions

Author

Listed:
  • Alin OPREANA

    (Lucian Blaga University of Sibiu)

Abstract

Andersen and Jordan (1968) and Andersen (1971) argued that fiscal actions have a negligible effect on nominal income and can not sustain a stable and balanced economic growth. Also, they argued, along with other researchers who have embraced monetarism ideas from the Federal Reserve Bank of St. Louis, that the budget deficit presents negativeeffects in the economy that limit private investment. In this article, we analyzed the empirical relationship that is established between the tax actions and the long and short term national income in the U.S. economy and the economies of Eurozone.

Suggested Citation

  • Alin OPREANA, 2013. "The National Income Between Monetary and Fiscal Actions," Expert Journal of Finance, Sprint Investify, vol. 1(1), pages 28-32, December.
  • Handle: RePEc:exp:finnce:v:1:y:2013:i:1:p:28-32
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    More about this item

    Keywords

    fiscal actions; budget deficit; money supply; national income;
    All these keywords.

    JEL classification:

    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General

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