Re-examining monetary and fiscal policy for the 21st century
This book provides a much-needed re-examination of monetary and fiscal policies, their application in the real world and their potential for macroeconomic policy in the 21st century. It provides a detailed discussion and critique of the "new consensus" in macroeconomics along with the mone...
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| Format: | eBook |
| Language: | English |
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Cheltenham, U.K
E. Elgar
2004
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| Collection: | Edward Elgar eBook Archive - Collection details see MPG.ReNa |
| Summary: | This book provides a much-needed re-examination of monetary and fiscal policies, their application in the real world and their potential for macroeconomic policy in the 21st century. It provides a detailed discussion and critique of the "new consensus" in macroeconomics along with the monetary and fiscal policies encapsulated within it 1. Introduction : debates over monetary and fiscal policy -- 2. The "new consensus" in macroeconomics and monetary policy -- 3. The macroeconometric model of the Bank of England -- 4. Can monetary policy affect inflation or the real economy? -- 5. Does the stock of money have any casual significance? -- 6. The inflationary process -- 7. The nature and role of monetary and fiscal policy when money is endogenous -- 8. Reinventing fiscal policy -- 9. The case for fiscal policy -- 10. Macroeconomic policies of the European Economic and Monetary Union |
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| Physical Description: | viii, 210 p ill |
| ISBN: | 9781845423339 1843765837 9781843765837 |