Magazzino, Cosimo (2010): The Economic Policy of Ronald Reagan. Between Supply-Side and Keynesianism.
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“Reaganomics” is a popular term used to refer to the economic policies of Ronald W. Reagan, the 40th U.S. President (1981–1989), which called for widespread tax cuts, decreased social spending, increased military spending, and the deregulation of domestic markets. In this paper, we analyze American economic policy during the Eigh-ties. After a brief introduction, where a general economic context of that country is shown, we discuss and revise the economic literature about these issues. Afterwards, we present an augmented IS-LM model for Reagan years, estimated bay VAR techniques.
|Item Type:||MPRA Paper|
|Original Title:||The Economic Policy of Ronald Reagan. Between Supply-Side and Keynesianism|
|Keywords:||Reaganomics; Supply-Side Economics; Laffer curve; tax cuts; twin deficits; IS-LM model; VAR.|
|Subjects:||E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E65 - Studies of Particular Policy Episodes
N - Economic History > N1 - Macroeconomics and Monetary Economics ; Industrial Structure ; Growth ; Fluctuations > N12 - U.S. ; Canada: 1913-
|Depositing User:||Cosimo Magazzino|
|Date Deposited:||03. Oct 2010 00:40|
|Last Modified:||12. Feb 2013 16:33|
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