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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Bibliographic Details
Other Authors: Persson, Torsten, Tabellini, Guido Enrico, 1956-
Format: Licensed eBooks
Language:English
Published: Cambridge, Mass. : MIT Press, ©1994.
Online Access:https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=11434
Description
Summary: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.
Physical Description:1 online resource (466 pages) : illustrations
Bibliography:Includes bibliographical references and indexes.
ISBN:0585165416
9780585165417
9780262161411
0262161419
9780262660884
0262660881