Jim Granato, M. C. Sunny Wong

The Role of Policymakers in Business Cycle Fluctuations

• Broschiertes Buch

Produktbeschreibung

This book's central theme is that a policymaker's role is to enhance the public's ability to coordinate economic activities.

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Produktdetails

• Verlag: Cambridge University Press
• Seitenzahl: 318
• Erscheinungstermin: 19. Mai 2011
• Englisch
• Abmessung: 216mm x 140mm x 19mm
• Gewicht: 450g
• ISBN-13: 9780521390767
• ISBN-10: 0521390761
• Artikelnr.: 35682727

Autorenporträt

Jim Granato is a Visiting Scientist and Political Science Program Director at the U.S. National Science Foundation (NSF). He is the author or co-author of numerous publications in academic journals such as American Journal of Political Science, Economics and Politics, Journal of Theoretical Politics, Political Analysis, Political Research Quarterly, and Public Choice.
M. C. Sunny Wong is Assistant Professor of Economics at the University of Southern Mississippi. His primary research has focused on adaptive learning dynamics in monetary policy and he is also interested in the areas of foreign direct investment (FDI) and economic growth. Professor Wong has published research articles in journals such as the Southern Economic Journal, Political Reswarch Quarterly, and Journal of Macroeconomics.

Inhaltsangabe

Part I. The Interaction of Policy and Outcomes: 1. Coordinating price information
2. Outcomes and policy: an illustration
3. Policy evolution: 1960 to 2000
Part II. The Role of Policymakers: 4. The theoretical model
5. Policy and aggregate variability
6. The optimal policymaker role
Part III. Coordination Dynamics: 7. Coordinating inflation forecasts
8. Inflation-stabilizing policy: robustness
9. Conclusion and implications.