Rules, reputation and macroeconomic policy coordination:
In this book David Currie and Paul Levine address a broad range of issues concerning the design and conduct of macroeconomic policy in open economies. Adopting neo-Keynesian models for which monetary and fiscal policy have short-term real effects, they analyse active stabilisation policies in both a...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Cambridge
Cambridge University Press
1993
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| Subjects: | |
| Online Access: | BSB01 UBG01 Volltext |
| Summary: | In this book David Currie and Paul Levine address a broad range of issues concerning the design and conduct of macroeconomic policy in open economies. Adopting neo-Keynesian models for which monetary and fiscal policy have short-term real effects, they analyse active stabilisation policies in both a single- and multi-country context. Questions addressed include: the merits of simple policy rules, policy design in the face of uncertainty and international policy coordination. A central feature of the book is the treatment of credibility and the effect of a policy-maker's reputation for sticking to announced policies. These considerations are integrated with coordination issues to produce a unique synthesis. The volume develops optimal control methods and dynamic game theory to handle relationships between governments and a conscious rational private sector and produces a unified, coherent approach to the subject. This book will be of interest to students and teachers of open economy macroeconomics and to professional economists interested in using macroeconomic models to design policy |
| Item Description: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
| Physical Description: | 1 online resource (ix, 430 pages) |
| ISBN: | 9780511599170 |
| DOI: | 10.1017/CBO9780511599170 |
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| id | DE-604.BV043929329 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:38:53Z |
| institution | BVB |
| isbn | 9780511599170 |
| language | English |
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| publishDate | 1993 |
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| publisher | Cambridge University Press |
| record_format | marc |
| spelling | Currie, David A. Verfasser aut Rules, reputation and macroeconomic policy coordination David Currie, Paul Levine Rules, Reputation & Macroeconomic Policy Coordination Cambridge Cambridge University Press 1993 1 online resource (ix, 430 pages) txt rdacontent c rdamedia cr rdacarrier Title from publisher's bibliographic system (viewed on 05 Oct 2015) In this book David Currie and Paul Levine address a broad range of issues concerning the design and conduct of macroeconomic policy in open economies. Adopting neo-Keynesian models for which monetary and fiscal policy have short-term real effects, they analyse active stabilisation policies in both a single- and multi-country context. Questions addressed include: the merits of simple policy rules, policy design in the face of uncertainty and international policy coordination. A central feature of the book is the treatment of credibility and the effect of a policy-maker's reputation for sticking to announced policies. These considerations are integrated with coordination issues to produce a unique synthesis. The volume develops optimal control methods and dynamic game theory to handle relationships between governments and a conscious rational private sector and produces a unified, coherent approach to the subject. This book will be of interest to students and teachers of open economy macroeconomics and to professional economists interested in using macroeconomic models to design policy Wirtschaftspolitik Economic policy Economic policy / International cooperation Macroeconomics Internationale Kooperation (DE-588)4120503-0 gnd rswk-swf Wirtschaftskooperation (DE-588)4079344-8 gnd rswk-swf Wirtschaftspolitik (DE-588)4066493-4 gnd rswk-swf Weltwirtschaft (DE-588)4065468-0 gnd rswk-swf Wirtschaftspolitik (DE-588)4066493-4 s Internationale Kooperation (DE-588)4120503-0 s 1\p DE-604 Weltwirtschaft (DE-588)4065468-0 s Wirtschaftskooperation (DE-588)4079344-8 s 2\p DE-604 Levine, Paul 1944- Sonstige oth Erscheint auch als Druckausgabe 978-0-521-10460-9 Erscheint auch als Druckausgabe 978-0-521-44196-4 https://doi.org/10.1017/CBO9780511599170 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Currie, David A. Rules, reputation and macroeconomic policy coordination Wirtschaftspolitik Economic policy Economic policy / International cooperation Macroeconomics Internationale Kooperation (DE-588)4120503-0 gnd Wirtschaftskooperation (DE-588)4079344-8 gnd Wirtschaftspolitik (DE-588)4066493-4 gnd Weltwirtschaft (DE-588)4065468-0 gnd |
| subject_GND | (DE-588)4120503-0 (DE-588)4079344-8 (DE-588)4066493-4 (DE-588)4065468-0 |
| title | Rules, reputation and macroeconomic policy coordination |
| title_alt | Rules, Reputation & Macroeconomic Policy Coordination |
| title_auth | Rules, reputation and macroeconomic policy coordination |
| title_exact_search | Rules, reputation and macroeconomic policy coordination |
| title_full | Rules, reputation and macroeconomic policy coordination David Currie, Paul Levine |
| title_fullStr | Rules, reputation and macroeconomic policy coordination David Currie, Paul Levine |
| title_full_unstemmed | Rules, reputation and macroeconomic policy coordination David Currie, Paul Levine |
| title_short | Rules, reputation and macroeconomic policy coordination |
| title_sort | rules reputation and macroeconomic policy coordination |
| topic | Wirtschaftspolitik Economic policy Economic policy / International cooperation Macroeconomics Internationale Kooperation (DE-588)4120503-0 gnd Wirtschaftskooperation (DE-588)4079344-8 gnd Wirtschaftspolitik (DE-588)4066493-4 gnd Weltwirtschaft (DE-588)4065468-0 gnd |
| topic_facet | Wirtschaftspolitik Economic policy Economic policy / International cooperation Macroeconomics Internationale Kooperation Wirtschaftskooperation Weltwirtschaft |
| url | https://doi.org/10.1017/CBO9780511599170 |
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