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Macroeconomic Policy: Inflation, Wealth and the Exchange Rate (Routledge Library Editions: Macroeconomics) - Tapa dura

Libro 7 de 9: Routledge Library Editions: Macroeconomics

Weale, Martin; Blake, Andrew; Christodoulakis, Nicos; Meade, James; Vines, David

 
9781138940017: Macroeconomic Policy: Inflation, Wealth and the Exchange Rate (Routledge Library Editions: Macroeconomics)
Tapa dura
ISBN 10: 1138940011 ISBN 13: 9781138940017
Editorial: Routledge, 2015

Sinopsis

This analysis of macroeconomic policy, originally published in 1989, argues that key government objectives, such as reduced inflation, decreased unemployment and an adequate level of national saving can be achieved only by employing both monetary and fiscal policies, in conjunction with supply-side policies expressly designed to improve the workings of the labour market.

Part 1 is a comparative analysis showing the effects of monetary and fiscal policy on the economy. Real-wage rigidity in the labour market is shown to have important consequences for the working of both types of policy, because it conditions the economy's response to tax changes. Part 2 presents an econometric model which combines consistent stock-flow accounts with a full range of expectational effects. Part 3 presents an innovative technique for solving rational expectations models with the need for arbitary terminal conditions.

 

"Sinopsis" puede pertenecer a otra edición de este libro.

Acerca del autor

Martin Weale, Andrew Blake, Nicos Christodoulakis, James Meade, David Vines

"Sobre este título" puede pertenecer a otra edición de este libro.

Editorial
Routledge
Año de publicación
2015
Idioma
Inglés
ISBN 10 
1138940011
ISBN 13 
9781138940017
Encuadernación
Tapa dura
Número de edición
1
Número de páginas
402
Contacto del fabricante
Taylor and Francis, GPSR Taylor and Francis
gpsr@taylorandfrancis.com

Taylor & Francis Verlag GmbH, Kaufingerstraße 24
München
80331
Alemania