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Keynesian monetary and fiscal policies have served as the fundamental government reaction to economic hardship since the development of Keynesian economic theory. With Keynesian policies having a major impact on economic outcomes, the success and effectiveness of these policies must be...
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The province of British Columbia, Canada, introduced a broad-based revenue-neutral carbon tax in July 2008; the rate was set to $10/tonne of CO2 initially, increased annually by $5/tonne until 2012 to reach $30/tonne, and remained at that level until 2017. We use the experience related to this...
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Structural vector auto-regressions (SVARs) are used to simulate US carbon taxes, treating price plus tax as exogenous. These reduce CO2 and GDP. If this fall in GDP is compensated to leave Disposable Income unchanged, the added income drives further declines in CO2, but also lower GDP....
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Vector auto-regressions (VARs) are used to simulate US carbon taxes, treating price plus tax as exogenous. These reduce CO2 and GDP. If the fall in GDP is compensated by a fiscal stimulus to leave Disposable Income unchanged, the added income drives further declines in CO2, but also lower GDP....
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This research article focuses on the impact of Monetary Policy on GDP. GDP no doubt is affected by the Monetary Policy of the state. The research papers of various authors have been studied in this regard to prove the Hypothesis and after in depth analysis by applying Regression Analysis...
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