Measuring the Effects of Monetary and Fiscal Policy Changes on the U.S. Economy (1982-2012)

This paper investigates the relationship between economic policy goals and the monetary and fiscal policy tools used to achieve them. A background is provided regarding current economic policy including an explanation of how a monetary and fiscal policy is formed and modified. A multiple regression analysis is conducted to measure the relationship between economic policy goals and the tools used to achieve them; the evidence suggests that there is a strong relationship between the two. It is further determined that it¡¯s necessary for the government and Federal Reserve to pay close attention to the policy tool variables studied, when making informed decisions regarding economic policy.

Measuring the Effects of Monetary and Fiscal Policy Changes on the U.S. Economy (1982-2012) Journal Articles