External link to IBM Assignment

IBM Assignment

Write your analysis in a Word document, embedding your calculations from Excel into this Word document. You can embed parts of your spreadsheet by first copying the portion of your Excel spreadsheet that you want to copy to your document, then going to your Word document and selecting Edit/Paste Special/Microsoft Excel Worksheet Object. In answering any specific question, embed only those calculations that are specifically […]

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Research Design

Finish research design, analysis and conclusions. -> Understanding why citizens with low SES voted against their material self-interests by voting right wing. Regression analysis (HLM). Please also check categorizations well in research design (now in appendixes) and check whether appendixes are good. For seperating left and right wing parties, I have made use of data from Kieskompas, which is a Dutch office which places political […]

External link to Fiscal Policy

Fiscal Policy

Consider the economy below. Congress underestimates the effectiveness of the self‐correcting mechanism and decides to stimulate the economy by authorizing significant new spending on defense and domestic programs. Although the authorization bills pass this year, most of the actual spending will take place over the following few years. What are the likely effects on output/incomes, unemployment, and inflation? Illustrate what is likely to happen and […]

External link to Fiscal Policy

Fiscal Policy

Consider the economy below. Congress decides that significant new infrastructure projects are vital to our economy and passes bills authorize a huge increase in spending on roads, bridges, airports, public transportation, and water and waste treatment systems. Rather than pay for these projects with higher taxes, they decide to fund them by borrowing and issue a large number of new bonds. Assume this pushes up […]

External link to Fiscal Policy

Fiscal Policy

Consider the economy below. A new President is elected. This individual has promised to cut taxes substantially, but has no plans to make to significant cuts to government spending or transfer programs. Assuming that Crowding Out, the Net Export Effect, and Ricardian Equivalence aren’t a problem, what sort of effects might we see on output, unemployment, and inflation in the short‐run? What is likely to […]

External link to Fiscal Policy

Fiscal Policy

Consider the economy below. In this instance, social progressives are in charge of Congress and the Presidency. They decide to remake government by increasing government spending on infrastructure projects and making transfer programs such as Social Security, Medicare, and Medicaid more generous. To pay for this though, they significantly increase taxes on “the wealthy” and businesses. Illustrate what you think will happen. Though socially coherent, […]

External link to Fiscal Policy

Fiscal Policy

Consider the economy below. Suppose that fiscal hawks, worried about the deficit, become the dominant force in legislative and executive branches. In order to close the deficit, they propose significant cuts to government spending. They also propose closing a large number of tax loopholes. Illustrate the likely result of this policy. What are the immediate effects on output, unemployment, and inflation?

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