Macroeconomic strategy for the 1990s : (Record no. 598762)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02747cam a2200361 i 4500 |
| 001 - CONTROL NUMBER | |
| control field | rnd000000000111987 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | RAND |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 930927s1993 caua b 000 0 eng d |
| 010 ## - LIBRARY OF CONGRESS CONTROL NUMBER | |
| LC control number | 93006415 |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 0833014498 |
| 027 ## - STANDARD TECHNICAL REPORT NUMBER | |
| Standard technical report number | RAND/MR-325-RC |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (Sirsi) a346139 |
| 037 ## - SOURCE OF ACQUISITION | |
| Terms of availability | $15.00 |
| 040 ## - CATALOGING SOURCE | |
| Original cataloging agency | CstmoR |
| Transcribing agency | CstmoR |
| 050 00 - LIBRARY OF CONGRESS CALL NUMBER | |
| Classification number | HC106.82 |
| Item number | .L49 1993 |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Levine, Robert A. |
| Relator term | author. |
| 245 10 - TITLE STATEMENT | |
| Title | Macroeconomic strategy for the 1990s : |
| Remainder of title | getting the long run right / |
| Statement of responsibility, etc | Robert A. Levine, Peter J.E. Stan. |
| 264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE STATEMENTS | |
| Place of production, publication, distribution, manufacture | Santa Monica, CA : |
| Name of producer, publisher, distributor, manufacturer | RAND, |
| Date of production, publication, distribution, manufacture | 1993. |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | xxi, 46 pages : |
| Other physical details | illustrations ; |
| Dimensions | 23 cm |
| 336 ## - CONTENT TYPE | |
| Content Type Term | text |
| Content Type Code | txt |
| Source | rdacontent |
| 337 ## - MEDIA TYPE | |
| Media Type Term | computer |
| Media Type Code | c |
| Source | rdamedia |
| 337 ## - MEDIA TYPE | |
| Media Type Term | unmediated |
| Media Type Code | n |
| Source | rdamedia |
| 338 ## - CARRIER TYPE | |
| Carrier Type Term | online resource |
| Carrier Type Code | cr |
| Source | rdacarrier |
| 338 ## - CARRIER TYPE | |
| Carrier Type Term | volume |
| Carrier Type Code | nc |
| Source | rdacarrier |
| 504 ## - BIBLIOGRAPHY, ETC. NOTE | |
| Bibliography, etc | Includes bibliographical references. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | The central economic debate for the first half of 1993, couched in terms of short-run economic stimulus versus long-run deficit reduction was misleading for U.S. long-run strategy. Our long-run depends on growth, but economic growth does not have the close relationship to deficit reduction that is frequently asserted, and deficit reduction should not become the central objective of economic strategy that it is becoming. It has been asserted that: (1) U.S. productivity is decreasing, but the record of the 1980s does not bear this out; (2) productivity increases depend on increased investment in business plant and equipment, but technological change and associated factors like education are important; and (3) investment in U.S. plant and equipment has been decreasing because of decreased American savings caused by increased deficits, but investment has not been decreasing, although more of it has been financed from abroad. In any case, increased consumption is frequently a better way of increasing investment than is increased saving. The drive to cut the deficit may thus exert a long-run downward pressure on growth and employment. Further, it may also cut back public expenditures for infrastructure and other needs, which may be as important for growth as private investment. None of this means that the deficit should be ignored. It does mean that it should be put into proper proportion relative to the total of the factors needed to encourage economic growth. |
| 530 ## - ADDITIONAL PHYSICAL FORM AVAILABLE NOTE | |
| Additional physical form available note | Also available on the internet via WWW in PDF format. |
| 588 ## - | |
| -- | Description based on print version record. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Macroeconomics. |
| 651 #0 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
| Geographic name | United States |
| General subdivision | Economic policy |
| Chronological subdivision | 1993-2001. |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Stan, Peter J. E., |
| Dates associated with a name | 1955- |
| Relator term | author. |
| 710 2# - ADDED ENTRY--CORPORATE NAME | |
| Corporate name or jurisdiction name as entry element | Rand Corporation. |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Link text | Online Access |
| Uniform Resource Identifier | <a href="http://www.rand.org/pubs/monograph_reports/2006/MR325.pdf">http://www.rand.org/pubs/monograph_reports/2006/MR325.pdf</a> |
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