This text examines ways to improve macroeconomic policy in the context of the various macroeconomic problems of the 1980s and 1990s, with the chapters having been written at various times over that period. It emphasizes the need to find the best combinations of monetary policy and different forms of taxation and government outlays to achieve high employment and low inflation. There is a concluding chapter discussing the special problems that arise when inflation has become low, zero or even negative.
Pages
204
Format
Hardcover
Publisher
Palgrave MacMillan
Release
November 22, 1999
ISBN
0333770722
ISBN 13
9780333770726
The Reform of Macroeconomic Policy: From Stagflation to Low or Zero Inflation
This text examines ways to improve macroeconomic policy in the context of the various macroeconomic problems of the 1980s and 1990s, with the chapters having been written at various times over that period. It emphasizes the need to find the best combinations of monetary policy and different forms of taxation and government outlays to achieve high employment and low inflation. There is a concluding chapter discussing the special problems that arise when inflation has become low, zero or even negative.