Das Public Kapital is popular PDF and ePub book, written by Selim Elekdag in 2014-12-17, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Das Public Kapital can be Read Online from any device for your convenience.
Das Public Kapital Book PDF Summary
Given the backdrop of pressing infrastructure needs, this paper argues that higher German public investment would not only stimulate domestic demand in the near term and reduce the current account surplus, but would also raise output over the longer-run as well as generate beneficial regional spillovers. While time-to-build delays can weaken the impact of the stimulus in the short-run, the expansionary effects of higher public investment are substantially strengthened with an accommodative monetary policy stance—as is typical during periods of economic slack. The current low-interest rate environment presents a window of opportunity to finance higher public investment at historically favorable rates.
Detail Book of Das Public Kapital PDF
- Author : Selim Elekdag
- Release : 17 December 2014
- Publisher : International Monetary Fund
- ISBN : 9781498393676
- Genre : Business & Economics
- Total Page : 45 pages
- Language : English
- PDF File Size : 10,7 Mb
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