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Macroeconomic Effects of Fiscal Consolidation".
Have you actually read any studies about the macroeconomic effects of decarbonization?
That conclusion applies to the macroeconomic effects of tariff protection in general, and to the Smoot-Hawley tariff in particular.
Economists are all but unanimous in arguing that the macroeconomic effects of Trump's plan would be disastrous.
One was Alesina/Ardagna on the macroeconomic effects of austerity, which immediately became exhibit A for those who wanted to believe in expansionary austerity.
Those seeking a cure for the current malaise of "secular stagnation" – slow growth and sub-2% inflation – shouldn't claim too much for the beneficial macroeconomic effects of trade agreements.
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But the Productivity Commission report of May 2014 cast doubt on the modelling of the macroeconomic effect of the ABCC.
More working women could help offset the decline in the labour force.WomenomicsPerhaps surprisingly, there is little work on the macroeconomic effect of all the extra women who have entered the labour force over the past four decades, but McKinsey reckons that America's GDP is now about 25% higher than it would have been without them.
In recent work on the macroeconomic effect of human capital on a country's economic growth, it has been shown that educational outcomes (the cognitive skills people have actually learned), not just attainment (how long people stayed in school), are more reliable proxies of human capital.
"Credit markets could freeze, the value of the dollar could plummet, and U.S. interest rates could skyrocket, potentially resulting in a financial crisis and recession that could echo the events of 2008 or worse," the department said in its Report on Macroeconomic Effect of Debt Ceiling Brinkmanship.
Economists from the University of Tennessee concluded that while there would be many desirable macroeconomic effects, adoption of a national retail sales tax would also have serious effects on state and local government finances.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com