Monetary and fiscal policy.: Volume 2, Politics /

How will the private sector react to different government policies? What policies will produce the most desirable outcomes? The two volumes of Monetary and Fiscal Policy bring together major contributions to a new theory of macroeconomic policy that analyzes which policies are credible or politicall...

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Bibliographische Detailangaben
Weitere Verfasser: Persson, Torsten, Tabellini, Guido Enrico, 1956-
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Cambridge, Mass. : MIT Press, ©1994.
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Online-Zugang:Volltext
Zusammenfassung:How will the private sector react to different government policies? What policies will produce the most desirable outcomes? The two volumes of Monetary and Fiscal Policy bring together major contributions to a new theory of macroeconomic policy that analyzes which policies are credible or politically feasible -- topics that are central to the practical policy debate but that traditional theory cannot address. This volume examines problems of policy credibility caused by incentives to deviate from announced policy.
Beschreibung:1 online resource (466 pages) : illustrations
Bibliographie:Includes bibliographical references and indexes.
ISBN:0585165416
9780585165417
9780262161411
0262161419
9780262660884
0262660881

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