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Makin, John H.

Works: 108 works in 264 publications in 2 languages and 6,778 library holdings
Genres: Conference papers and proceedings  History 
Roles: Author, Editor, Other
Publication Timeline
Publications about John H Makin
Publications by John H Makin
Publications by John H Makin, published posthumously.
Most widely held works about John H Makin
  • Papers by John H Makin( Archival Material )
Most widely held works by John H Makin
The global debt crisis : America's growing involvement by John H Makin( Book )
10 editions published between 1983 and 1984 in English and held by 1,031 libraries worldwide
Debt and taxes by John H Makin( Book )
4 editions published in 1994 in English and held by 776 libraries worldwide
Their stubborn resistance to all attempts by both the executive and the legislative branches to reduce them has contributed considerably to the palpable resentment, outrage, and alienation that a majority of Americans express toward government and its leaders
Sharing world leadership? : a new era for America & Japan ( Book )
8 editions published in 1989 in English and held by 635 libraries worldwide
Eurocurrencies and the international monetary system by United States( Book )
11 editions published in 1976 in English and held by 624 libraries worldwide
Trade policy and U.S. competitiveness by Claude E Barfield( Book )
6 editions published between 1987 and 1988 in English and held by 421 libraries worldwide
Balancing act : debt, deficits, and taxes by John H Makin( Book )
7 editions published between 1990 and 1991 in English and held by 409 libraries worldwide
Policymakers and observers address taxation, spending, the budget deficit, and policy formation and implementation
Capital flows and exchange-rate flexibility in the post-Bretton Woods era by John H Makin( Book )
18 editions published in 1974 in English and held by 390 libraries worldwide
Alternative solutions to developing-country debt problems ( Book )
8 editions published in 1989 in English and held by 349 libraries worldwide
The author offers recommendations for improving developing country debt
Exchange rate targets : desirable or disastrous? ( Book )
8 editions published between 1986 and 1987 in English and held by 346 libraries worldwide
How can international monetary stability best be achieved? Through government intervention in setting exchange rates? Through greater international coordination of economic policy? In papers presented at an AEI conference on the eve of the 1986 meeting of the IMF and the World Bank, the contributors review the collapse of the Bretton Woods system of fixed exchange rates, the historic 1985 agreement by the Group of Five, and the question of whether fixed or flexible exchange rates would best help stabilize the international monetary system
Real tax reform : replacing the income tax by American Enterprise Institute for Public Policy Research( Book )
9 editions published in 1985 in English and held by 330 libraries worldwide
U.S. fiscal policy : its effects at home and abroad by John H Makin( Book )
8 editions published in 1986 in English and held by 243 libraries worldwide
Would reducing the federal budget deficit improve the trade balance? Does a move toward fixed exchange rates make sense when efforts to control budget deficits are under way? Can the United States conduct tax and budget policy without paying attention to its implications for the rest of the world? In two essays, John Makin traces the unusual path of U.S. fiscal policy in the first half of the 1980s. He finds lessons helpful to businesses and policymakers as the world economy becomes more interdependent and the international competition more intense. His major conclusion is that fiscal policy is a more potent countercyclival tool than monetary policy under flexible exchange rates. Stabilizing exchange rates would therefore require active coordination of fiscal policies as well as monetary coordination
Macroeconomics by John H Makin( Book )
13 editions published between 1975 and 1995 in English and Spanish and held by 155 libraries worldwide
Theory of economic policy by John H Makin( Book )
5 editions published in 1972 in English and held by 137 libraries worldwide
Theory of macroeconomics by John H Makin( Book )
3 editions published in 1972 in English and held by 135 libraries worldwide
Theory of money by John H Makin( Book )
9 editions published between 1971 and 1973 in English and held by 130 libraries worldwide
Elements of money by John H Makin( Book )
3 editions published in 1972 in English and held by 71 libraries worldwide
A fiscal framework for analysis of interest rate behavior in open economies by John H Makin( file )
6 editions published in 1984 in English and held by 63 libraries worldwide
This paper derives a reduced-form expression for an interestrate in an open economy by incorporating after tax covered interest parity conditions into a simple neo-classical macro model. The result clearly demonstrates that the relationship between an interest rate and variables used to explain it is conditional on income tax rates at home and abroad and presence or absence of capital gains tax treatment of foreign exchange gains or losses. Effects of non-indexation of tax treatment of depreciation and inventories may also play a role. Any change in effective tax rates over a sample period employed to estimate interest rate (or exchange rate) equations may cause deterioration in the fit of a fixed coefficient model. Efforts are underway to employ a random coefficients approach to address this problem
The level and volatility of interest rates in the United States : the roles of expected inflation, real rates, and taxes by John H Makin( file )
6 editions published between 1983 and 1984 in English and held by 49 libraries worldwide
This paper attempts to demonstrate a need to expand the simple Fisherian view whereby changes in interest rates are explained largely by changes in expected inflation. It presents and tests a model of expected, after-tax real interest rate behavior which, together with a group of explanatory variables suggested by a structural model, takes full account of implications of a broad range of U.S. tax code provisions for behavior of interest rates. Determinants of interest rate volatility are also investigated. The model and results of empirical testing suggest:(1) why the measured impact on interest rates of changes in anticipated inflation has been below levels anticipated by many investigators; (2) how the measured impact on interest rates of explanatory variables is conditional on tax rates which may change over time; (3) larger than expected fiscal deficits have a moderate positive impact on interest rates (40 basis points per 100 billion annual rise for three-month Treasury bills) while lower than expected money growth may also raise interest rates (as iri the second quarter of 1981 when it did so by an estimated 24 basis points); (4) inflation uncertainty produces no significant impact on interest rates due to the econometric effect of including a measure of excess capacity; (5) an unexpected rise in money demand may be responsible for persistently higher interest rates during the first half of 1982 but during most of the 1960-82 period money supply shocks had a more powerful impact on interest rates
Exchange rates and taxes by John H Makin( file )
5 editions published in 1984 in English and held by 46 libraries worldwide
This paper demonstrates that different rates of taxation on interest income and exchange gains may bias results of hypothesis testing regarding critical aspects of exchange rate behavior. Two problems are discussed specifically. First, it is shown that omission of tax considerations may bias tests of the uncovered interest parity condition toward acceptance of a "risk premium" hypothesis, conditional on exchange market efficiency. Second it is shown that a rational solution for the exchange rate conditions the relationship between an exchange rate and its determinants on two regimes: (1) tax rates on interest income and foreign exchange gains and losses at home and abroad and (2) the degree of foreign exchange market intervention and sterilization of its effects on the monetary base practiced by central banks
Real interest, money surprises and anticipated inflation by John H Makin( file )
5 editions published in 1981 in English and held by 43 libraries worldwide
This paper investigates the hypothesis that surprise changes in the money supply and anticipated inflation (the Mundell-Tobin effect) are both inversely related to the expected real interest rate. The two novel aspects of the investigation are tests of the hypothesized impact of money surprises on real rates while simultaneously testing the Mundell-Tobin hypothesis and estimation employing transfer function methodology developed by Box and Jenkins (1970). The transfer function enables the investigator to entertain the hypothesis that residuals may not follow a simple AR-1 process, as is usually assumed in corrections for correlated residuals, but rather may be appropriately represented by a more complex ARMA process. Based on quarterly data from 1959-1 - 1980-IVY results obtained constitutes failure to reject either an inverse relationship between money surprises and expected real interest or an inverse relationship between anticipated inflation and expected real interest. These findings do not constitute a rejection of market efficiency
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Alternative Names
Holmes, John Makin
John H. Makin American economist
John H. Makin americký ekonom
John H. Makin Amerikaans econoom (1943-2015)
John H. Makin economista estadounidense
Makin, John 1943-2015
Makin, John H.
Makin, John Holmes.
Makin, John Holmes 1943-2015
メイキン, ジョン・H
English (149)
Spanish (4)
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