Expansionary policies after a recession: a panel data analysis of the last decade compared to a Historical overview of the 1920s
Autor(a) principal: | |
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Data de Publicação: | 2021 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.5/25215 |
Resumo: | Master in Monetary and Financial Economics |
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Expansionary policies after a recession: a panel data analysis of the last decade compared to a Historical overview of the 1920sKeynesKeynesian theoryCentral BankSecular StagnationCrisisMonetary PolicyFiscal PolicyExpansionary PoliciesMaster in Monetary and Financial EconomicsIn the current economic’s context recovery after the pandemic recession, the discussion on specific expansionary policies, namely under conditions of population decline, reemerged in economics. Considering the evidence of a prolonged secular stagnation, this debate may be highlighted by an understanding of historical events and the impact of previous strategies, specifically those adopted after the 1929 crisis. This dissertation presents a brief historical overview of the 1920s, considering the expansionary policies applied at that time, and compares these choices to those prevailing through the last decade. For that, it examines the application of the monetary and fiscal policies in 16 countries for the period between 2009 and 2019 and measures the interactions among these variables, estimating a Fixed Effects (FE) model. The results confirm and measure the impact of public action through fiscal stimuli in order to improve economic activity, including through investment and other spending, or of tax reductions affecting the individuals’ disposable income. Through the panel data estimation, we measure the impact of these policies, including on employment and wages.Instituto Superior de Economia e GestãoLouçã, FranciscoRepositório da Universidade de LisboaFernandes, Ana Margarida Ribeiro2022-08-23T13:40:19Z2021-102021-10-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.5/25215engFernandes, Ana Margarida Ribeiro (2021). "Expansionary policies after a recession: a panel data analysis of the last decade compared to a Historical overview of the 1920s". Dissertação de Mestrado. Universidade de Lisboa. Instituto Superior de Economia e Gestão.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:54:48Zoai:www.repository.utl.pt:10400.5/25215Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:09:07.652309Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Expansionary policies after a recession: a panel data analysis of the last decade compared to a Historical overview of the 1920s |
title |
Expansionary policies after a recession: a panel data analysis of the last decade compared to a Historical overview of the 1920s |
spellingShingle |
Expansionary policies after a recession: a panel data analysis of the last decade compared to a Historical overview of the 1920s Fernandes, Ana Margarida Ribeiro Keynes Keynesian theory Central Bank Secular Stagnation Crisis Monetary Policy Fiscal Policy Expansionary Policies |
title_short |
Expansionary policies after a recession: a panel data analysis of the last decade compared to a Historical overview of the 1920s |
title_full |
Expansionary policies after a recession: a panel data analysis of the last decade compared to a Historical overview of the 1920s |
title_fullStr |
Expansionary policies after a recession: a panel data analysis of the last decade compared to a Historical overview of the 1920s |
title_full_unstemmed |
Expansionary policies after a recession: a panel data analysis of the last decade compared to a Historical overview of the 1920s |
title_sort |
Expansionary policies after a recession: a panel data analysis of the last decade compared to a Historical overview of the 1920s |
author |
Fernandes, Ana Margarida Ribeiro |
author_facet |
Fernandes, Ana Margarida Ribeiro |
author_role |
author |
dc.contributor.none.fl_str_mv |
Louçã, Francisco Repositório da Universidade de Lisboa |
dc.contributor.author.fl_str_mv |
Fernandes, Ana Margarida Ribeiro |
dc.subject.por.fl_str_mv |
Keynes Keynesian theory Central Bank Secular Stagnation Crisis Monetary Policy Fiscal Policy Expansionary Policies |
topic |
Keynes Keynesian theory Central Bank Secular Stagnation Crisis Monetary Policy Fiscal Policy Expansionary Policies |
description |
Master in Monetary and Financial Economics |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-10 2021-10-01T00:00:00Z 2022-08-23T13:40:19Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.5/25215 |
url |
http://hdl.handle.net/10400.5/25215 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Fernandes, Ana Margarida Ribeiro (2021). "Expansionary policies after a recession: a panel data analysis of the last decade compared to a Historical overview of the 1920s". Dissertação de Mestrado. Universidade de Lisboa. Instituto Superior de Economia e Gestão. |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Instituto Superior de Economia e Gestão |
publisher.none.fl_str_mv |
Instituto Superior de Economia e Gestão |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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