{"title":"Preparing for a US Recession: Economic Implications and Policy Considerations","authors":"I. Angelov","doi":"10.56556/jescae.v2i2.498","DOIUrl":null,"url":null,"abstract":"This study examines the potential US recession in 2023 and its economic implications, employing established economic models and indicators to assess the likelihood of a recession. By utilizing the Keynesian Cross and IS-LM models, we evaluate the effectiveness of policy responses and identify appropriate measures. The findings underscore the significance of timely and targeted stimulus, the need for coordinated monetary and fiscal policies, and the importance of long-term structural reforms. Based on these insights, policymakers are recommended to adopt proactive measures to mitigate the impact of the recession and promote economic stability.","PeriodicalId":53187,"journal":{"name":"Journal of Environmental Science and Economics","volume":"308 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2023-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Environmental Science and Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.56556/jescae.v2i2.498","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 2
Abstract
This study examines the potential US recession in 2023 and its economic implications, employing established economic models and indicators to assess the likelihood of a recession. By utilizing the Keynesian Cross and IS-LM models, we evaluate the effectiveness of policy responses and identify appropriate measures. The findings underscore the significance of timely and targeted stimulus, the need for coordinated monetary and fiscal policies, and the importance of long-term structural reforms. Based on these insights, policymakers are recommended to adopt proactive measures to mitigate the impact of the recession and promote economic stability.
期刊介绍：
Journal of environmental science and economics (JESCAE), ISSN: 2832-6032 is an open access peer-reviewed journal that considers articles and reviews articles on all aspects of environmental economics.
Aim and Scope
Journal of Environmental Science and Economics is an international scholarly refereed research journal that aims to promote the theory and practice of environmental economics, Sustainability research, technological innovation, and economics. A broad outline of the journal''s scope includes; peer-reviewed original research articles, case, and technical reports, reviews and analyses papers, short communications and notes to the editor, in interdisciplinary information on the practice and status of research in environmental science, sustainability, technological innovations, and economics.
The main aspects of research areas include, but are not limited to; Environmental pollution control and abatement technology, Sustainable and economic Development, sustainable consumption and Sustainability, Environmental and sustainability assessment, transport and fate of pollutants in the environment, concentrations and dispersion of wastes in air, water, and non-point sources pollution, atmospheric pollutants and trace gases, environmental impact assessment, industrial ecology, ecological and human risk assessment; improved energy management and auditing efficiency and environmental standards and criteria.
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