Monetary and fiscal policy. Volume 2, Politics /
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Imprint: | Cambridge, Mass. : MIT Press, ©1994. |
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Description: | 1 online resource (466 pages) : illustrations |
Language: | English |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/11109343 |
Varying Form of Title: | Politics |
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Other authors / contributors: | Persson, Torsten. Tabellini, Guido Enrico, 1956- |
ISBN: | 0585165416 9780585165417 0262161419 0262660881 9780262161411 0262161419 9780262660884 0262660881 |
Notes: | Includes bibliographical references and indexes. Print version record. |
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. |
Other form: | Print version: Monetary and fiscal policy. Cambridge, Mass. : MIT Press, ©1994 0262161419 |
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