Title

Public finance and monetary policies as economic stabilizer: Unique or universal across countries?

Author

Arwiphawee Srithongrung

Access level

Open Access

Subjects

Government spending - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) OECD - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) GDP growth - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) panel vector auto regression - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) medium-income country - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) Gasto público - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) OCDE - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) crecimiento económico - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) panel de vectores autoregresivos - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) países de ingreso medio - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) CIENCIAS SOCIALES - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) - ([eissn: 2395-8669, Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46, Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46, 2395-8669, 0188-9834, 10.20983/noesis.2016.1]) CIENCIAS SOCIALES - (CTI)

Summary or description

This study examines dynamic effects of fiscal and monetary policies on growth of two distinctive groups: industrialized with high-income and non-industrialized with medium-income economies. The literature is mixed in recommending fiscal and monetary policies to stabilize a national economy, especially for non-industrialized countries. Unlike high-income and industrialized countries, in the non-industrialized countries, capital markets are imperfect; and hence, setting interest rates to target inflation or mitigate recessions will be ineffective because the level of cash flows do not reflect true investment demands, leading to failed monetization. Data were derived from 36 countries over a 31-year period. Panel Vector Auto Regression (PVAR) was used to mitigate endogeneity which is an inherent problem of panel data. The results confirm the major hypothesis.

Publisher

Universidad Autónoma de Ciudad Juárez

Publish date

2021

Publication type

Article

Artículo

Source

eissn: 2395-8669

Nóesis. Journal of Social Sciences and Humanities; Vol. 25 No. 49 (2016); 13-46

Nóesis. Revista de Ciencias Sociales; Vol. 25 Núm. 49 (2016); 13-46

2395-8669

0188-9834

10.20983/noesis.2016.1

Language

English Spanish

Source repository

Repositorio Institucional de la Universidad Autónoma de Ciudad Juárez

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