Martin Weale, Andrew Blake, Nicos Christodoulakis

Macroeconomic Policy

Inflation, Wealth and the Exchange Rate

• Gebundenes Buch

Produktbeschreibung

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.

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Produktdetails

• Verlag: Taylor & Francis
• Seitenzahl: 396
• Erscheinungstermin: 15. September 2015
• Englisch
• Abmessung: 234mm x 156mm x 24mm
• Gewicht: 739g
• ISBN-13: 9781138940017
• ISBN-10: 1138940011
• Artikelnr.: 42603413

Autorenporträt

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

Inhaltsangabe

Part 1: Theory 1. A New Keynesian Framework For Macroeconomic Policy 2. The
Linkages Between Financial Weapons and Financial Targets: A Comparative
Static Analysis 3. The Dynamics of Price Stabilization 4. Wealth Targets,
Stock Instability and Macroeconomic Policy Part 2: Application 5. A
Stock-Flow Model with Model-Consistent or Adaptive Expectations 6.
Macroeconomic Policy Rule for Economic Stabilization 7. Counterfactual
Simulation With Forward-Looking Expectations 8. A Simulation of the
Cost-Push Economy 9. The Controlled Economy with Reformed Wages Part 3:
Method 10. The Drivation and Use of a Linear Model 11. The Design of
Economic Policy Rules Part 4: Conclusion 12. Summary of Results and
Conclusions