Read Anywhere and on Any Device!

Subscribe to Read | $0.00

Join today and start reading your favorite books for Free!

Create Free Account

Re-Examining Monetary and Fiscal Policy for the 21st Century

0/5 ( ratings)

This book provides a much-needed re-examination of monetary and fiscal policies, their application in the real world and their potential for macroeconomic policy in the 21st century. It provides a detailed discussion and critique of the 'new consensus' in macroeconomics along with the monetary and fiscal policies encapsulated within it.

The authors argue that monetary policy is an ineffective means of controlling inflation and, if not used properly, can also have detrimental effects on the supply-side of the economy. They further contend that fiscal policy remains a potent instrument for influencing aggregate demand. Using detailed analysis the authors emphasise the role of capacity constraints as possible inflation barriers and argue against the NAIRU as a labour market phenomenon. The book concludes by critically examining the economic policies of the European Economic and Monetary Union.

Written by two of the leading scholars in the field, this provocative new volume is concise, well argued and rich in new insights. It will interest all those concerned with the current problems and future development of monetary and fiscal policy.

Language: English

Pages: 210

Format: Hardcover

Release: January 01, 2004

ISBN 13: 9781843765837

Re-Examining Monetary and Fiscal Policy for the 21st Century

0/5 ( ratings)

This book provides a much-needed re-examination of monetary and fiscal policies, their application in the real world and their potential for macroeconomic policy in the 21st century. It provides a detailed discussion and critique of the 'new consensus' in macroeconomics along with the monetary and fiscal policies encapsulated within it.

The authors argue that monetary policy is an ineffective means of controlling inflation and, if not used properly, can also have detrimental effects on the supply-side of the economy. They further contend that fiscal policy remains a potent instrument for influencing aggregate demand. Using detailed analysis the authors emphasise the role of capacity constraints as possible inflation barriers and argue against the NAIRU as a labour market phenomenon. The book concludes by critically examining the economic policies of the European Economic and Monetary Union.

Written by two of the leading scholars in the field, this provocative new volume is concise, well argued and rich in new insights. It will interest all those concerned with the current problems and future development of monetary and fiscal policy.

Language: English

Pages: 210

Format: Hardcover

Release: January 01, 2004

ISBN 13: 9781843765837

More books from Philip Arestis

Post Keynesian Economic Theory

Political Economy of Latin America: Recent Economic Performance

The Elgar Companion To Radical Political Economy

An Assessment of the Global Impact of the Financial Crisis

The Financial Crisis: Origins and Implications

Is There a New Consensus in Macroeconomics?

A Handbook of Alternative Monetary Economics (Elgar Original Reference)

Financial Liberalization and Economic Performance in Emerging Countries

Methodology, Microeconomics and Keynes: Essays in Honour of Victoria Chick, Volume 2

Capital Controversy, Post Keynesian Economics and the History of Economic Thought: Essays in Honour of Geoff Harcourt, Volume One: 1 (Routledge Frontiers of Political Economy)

The Post 'Great Recession' US Economy: Implications for Financial Markets and the Economy

Keynes, Money and the Open Economy: Essays in Honour of Paul Davidson (Essays in Honour of Paul Davidson, 1)

Economic Policies of the New Thinking in Economics

Financial Stability in the Aftermath of the 'Great Recession'

Money and Banking: Issues for the Twenty-First Century

Rate this book!

Write a review?