Ekonomik Krizlerin Değişmeyen İmdatçısı: Maliye Politikası

Yıl 2015, Cilt: 23 Sayı: 23, 55 - 86, 31.01.2015

Hüseyin Şen , Ayşe Kaya

https://doi.org/10.17233/se.96843

Cited By: 7

Öz

Bu çalışma, her küresel ölçekli ekonomik krizle birlikte imdatçı olarak gündeme gelen maliye politikasını ve bu politikanın krizlerle mücadeledeki rolünü tarihsel bir perspektif çerçevesinde ele alıp; değerlendirmeyi ve ileriye yönelik politika önerileri sunmayı amaçlamaktadır.

Anahtar Kelimeler

-

Kaynakça

• Afonso, A. (2001), “Non-Keynesian Effects of Fiscal Policy in the EU-15, University of Lisbon”, Department of Economics from ISEG - School of Economics and Management, Department of Economics, Working Papers, 2001/07, 1-47.
• Aktan, C.C. & H. Şen (2001), “Ekonomik Kriz: Nedenler ve Çözüm Önerileri”, Yeni Türkiye Dergisi, Ekonomik Kriz Özel Sayısı, 42, Kasım-Aralık 2001, 1225-1230.
• Alcidi, C. & D. Gros (2011), “Great Recession versus Great Depression: Monetary, Fiscal and Banking Policies”, Journal of Economic Studies, 38(6), 673-690.
• Alesina, A. (2012), “Fiscal Policy after the Great Recession”, Atlantic Economic Journal, 40, 429-435.
• Alesina, A. & S. Ardagna (2010), “Large Changes in Fiscal Policy: Taxes versus Spending”, Tax Policy and the Economy, 24(1), 35-68.
• Anderson, C.J. (1944), “The Development of the Pump-Priming Theory”, Journal of Political Economy, 52(2), 144-159.
• Arestis, P. (2011), “Fiscal Policy is Still an Effective Instrument of Macroeconomic Policy”, Panoeconomicus, 2, 143-156.
• Arestis, P. (2012a), “Fiscal Policy: A Strong Macroeconomic Role”, Review of Keynesian Economics, Inaugural Issue, 93-108.
• Arestis, P. (2012b), “Fiscal Policy: Time for the Renaissance of Keynesianism”, in G. Chaloupek & M. Marterbauer (eds.), 75 Jahre General Theory, Employment, Interest and Money, Wirtschaft-swissenschaftliache Tagungen der AK-Wien, Band 17.
• Arestis P. & M. Sawyer (2010), “The Return of Fiscal Policy”, Journal of Post Keynesian Economics, 32(3), 327-346.
• Auerbach, A.J. (2012), “The Fall and Rise of Keynesian Fiscal Policy”, Asian Economic Policy Review, 7, 157-175.
• Auerbach, A.J. & W.G. Gale & B.H. Harris (2010), “Activist Fiscal Policy”, Journal of Economic Perspectives, 24(4), 141-164.
• Auerbach, A. & Y. Gorodnichenko (2012), “Measuring the Output Responses to Fiscal Policy”, American Economic Journal: Economic Policy, 4(2), 1-27.
• Barro, R.J. & C.J. Redlick (2011), “Macroeconomic Effects from Government Purchases and Taxes”, Quarterly Journal of Economics,126, 51-102.
• Bernanke, B. (2002), “Deflation: Making Sure “It” Doesn’t Happen Here”, Speech Before the National Economist Club, <www.federalreserve.gov/boarddocs/speeches/2002/20021121/default.htm>, 10.10.2014.
• Blanchard, O. & D. Giovanni & M. Paolo (2010), “Rethinking Macroeconomic Policy”, Journal of Money, Credit and Banking, 42(1), 199-215.
• Blinder, A.S. (1988), “The Fall and Rise of Keynesian Economics”, Economic Record, 64(4), 278-294.
• Briotti, M.G. (2005), “Economic Reactions to Public Finance Consolidation: A Survey of the Literature”, European Central Bank Occasional Paper Series, 38, 1-29.
• Claessens, S. & M.A. Kose (2009), “What is a Recession”, Finance & Development, March 2009, 46 (1), 152-53.
• Claessens, S. & M.A. Kose & M. Terrones (2008), “What Happens During Recessions, Crunches, and Busts?”, IMF Working Paper, No: 08/274 International Monetary Fund: Washington.
• Coenen, G. & R. Straub & M. Trabandt (2012), “Fiscal policy and the Great Recession in the Euro Area”, European Central Bank, ECB Working Paper, 1429, March 2012, 1-11.
• DeLong, J.B. & L.H. Summers (2012), “Fiscal Policy in a Depressed Economy”, Brookings Papers on Economic Activity, 44(1), 233-297.
• De Mello, L. (2013), “What Can Fiscal Policy Do in the Current Recession? A Review of Recent Literature and Policy Options”, Hacienda Pública Española / Review of Public Economics, 204(1), 113-139.
• Dullien, S. (2012), “Is New Always Better than Old? On the Treatment of Fiscal Policy in Keynesian Models”, Review of Keynesian Economics, Inaugural Issue, Autumn 2012, 5-23.
• Feldstein, M. (2009), “Rethinking the Role of Fiscal Policy”, American Economic Review, 99(2), 556-559.
• Ferreiro, J. & C. Gomez & F. Serrano (2013), “Mistakes in the Fiscal Policy in Spain before the Crisis”, Panoeconomicus, 5, 577-592.
• Fishback, P.V. (2008), New Deal, in The New Palgrave Dictionary of Economics, Second Edition, Edited by Steven N. Durlauf & Lawrance E. Blume, Palgrave Macmillan.
• Giavazzi, F. & M. Pagano (1990), “Can Severe Fiscal Contractions be Expansionary? Tales of Two Small European Countries”, NBER Macroeconomic Annual, 5, 75-110.
• Giavazzi, F. & M. Pagano (1996), “Non-Keynesian Effects of Fiscal Policy Changes: International Evidence and the Swedish Experience”, Swedish Economic Policy Review, 67-103.
• Giavazzi, F. & T. Jappelli & M. Pagano (2000), “Searching for Non-linear Effects of Fiscal Policy: Evidence from Industrial and Developing Countries”, European Economic Review, 44, 1259-1289.
• Gorton, G.B. (2008), “The Panic of 2007, National Bureau of Economic Research”, NBER Working Paper, 14358, 1-93.
• Hemming, R. (2013), “The Macroeconomic Framework for Managing Public Finances”, in: Richard Allen & Richard Hemming & Barry H. Potter (Eds.), The International Handbook of Public Financial Management, Palgrave-Macmillan: London, 17-37.
• Hemming, R. & M. Kell & S. Mahfouz (2002), “The Effectiveness of Fiscal Policy in Stimulating Economic Activity – A Review of the Literature”, IMF Working Paper, No: WP/02/208, The International Monetary Fund: Washington DC.
• IMF (2008), “Fiscal Policy as a Countercyclical Tool”, in: World Economic Outlook, Chapter 5, October 2008, International Monetary Fund: Washington DC.
• Ilzetzki, E. & E.G. Mendoza & C.A. Vegh (2013), “How Big (Small?) are Fiscal Multipliers?”, Journal of Monetary Economics, 60(2), 239-254.
• Issing, O. (2010), “Is Monetarism Dead?”, The International Economy, The Magazine of International Economic Policy, Spring 2010, 35-37.
• Jha, S. & S.K. Mallick & D. Park & P.F. Quising (2014), “Effectiveness of Countercyclical Fiscal Policy: Evidence from Developing Asia”, Journal of Macroeconomics, 40, 82-98.
• Jordan, T.J. (2012), “Some Lessons for Monetary Policy from the Recent Financial Crisis”, International Journal of Central Banking, 8(1), 289-292.
• Kindleberger, C.P. (2007), Cinnet, Panik ve Çöküş-Mali Krizler Tarihi, Çeviren: Halil Tunalı, İstanbul Bilgi Üniversitesi Yayınları, 4. Baskı, İstanbul.
• Kopcke, R.W. & G.M.B. Tootell & R.K. Triest (2006), “Introduction: The Macroeconomics of Fiscal Policy”, in: Richard W. Kopcke & Geoffrey MB Tootell & Robert K Triest (Eds.), The Macroeconomics of Fiscal Policy, The MIT Press: Cambridge, London, 1-20.
• Lerner, A.P. (1941), “The Economic Steering Wheel”, University Review, June, 2-8.
• Lerner, A.P. (1943), “Functional Finance and the Federal Debt”, Social Research, 10(1), 38-51.
• Mankiw, N.G. (2010), “Questions about Fiscal Policy: Implications from the Financial Crisis of 2008-2009”, Federal Reserve Bank of St. Louis Review, May/June 2010, 93(3), 177-183.
• Musgrave, R.A. (1959), The Theory of Public Finance: A Study in Public Economy, McGraw-Hill: New York.
• Pelinescu, E. & P. Caraiani (2010), “Fiscal Policy in the Context of the Economic Crisis”, Romanian Journal of Fiscal Policy, 1(1), 1-21.
• Romer, C.D. (2003), “Great Depresion”, in: Encyclepedia Britannica,
• <http://eml.berkeley.edu/~cromer/great_depression.pdf>, 07.06.2014.
• Romer, C.D. (2011), What Do We Know About the Effects of Fiscal Policy? Separating Evidence from Ideology, Invited Lectures, Hamilton College, November 7, 2011.
• Romer, C.D. & D.H. Romer (2010), “The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks”, American Economic Review, 100(3), 763-801.
• Strauss-Khan, D. (2011), Global Challenges, Global Solutions, An Address at George Washington University, Washington, April 4, 2011,
• <http://www.imf.org/external/np/speeches/2011/040411.htm>, 20.11.2014.
• Spilimbergo, A. & S. Symansky & O. Blanchard & C. Cottarelli (2009), “Fiscal Policy for the Crisis”, IMF Staff Position Note, December 29, 2008, SPN/08/01, 1-38.
• Şen, H. & A. Çalışkan (2009), “Mortgage Kaynaklı Küresel Kriz ve Türkiye Ekonomisine Muhtemel Yansımaları”, Kamu’da Sosyal Politika Dergisi, Sayı: 8(1), 11-18.
• Şen, H. & İ. Sağbaş & A. Keskin (2007), Bütçe Açıkları ve Açık Finansman Politikası Teori ve Türkiye Uygulaması, Orion Kitabevi: Ankara.
• Şen, H. & A. Kaya (2013), “The Role of Taxes as an Automatic Stabilizer: Evidence from Turkey”, Economic Analysis and Policy, 43(3), 303-313.
• Şen, H. & A. Kaya (2014), “Crowding-Out or Crowding-In? Analyzing the Effects of Government Spending on Private Investment in Turkey”, Panoeconomicus, 61(6), 631-651.
• Tanzi, V. (2006), “Fiscal Policy: When Theory Collides with Reality, Centre for European Policy Studies”, Ceps Working Document, 246, June 2006, 1-18.
• Tcherneva, P.R. (2011), “Fiscal Policy Effectiveness: Lessons from the Great Recession”, Levy Economics Institute of Bard College, Working Paper, 649, 1-26.
• Temin, P. (2008), Great Depression, in The New Palgrave Dictionary of Economics, Second Edition, Ed. by Steven N. Durlauf and Lawrence E. Blume, 5493-5501.
• Tokucu, E. & E. Sarıdoğan (2010), “Kriz ve Maliye Politikalarının Geri Dönüşü Çerçevesinde Fonksiyonel Maliye: Bir Literatür Taraması”, Marmara Üniversitesi İİBF Dergisi, XXIX(II), 77-98.
• Wheelock, D.C. (1992), “Monetary Policy in the Great Depression: What the Fed Did, and Why”, Federal Reserve Bank of St. Louis Review, March/April 1992, 74(2), 3-28.
• White, E. N. (1990), “The Stock Market Boom and Crash of 1929 Revisited”, Journal of Economic Perspectives, 4(2), 67-83.