Monetary and fiscal policy. Volume 1, Credibility /

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Bibliographic Details
Imprint:Cambridge, Mass. : MIT Press, ©1994.
Description:1 online resource (479 pages) : illustrations
Language:English
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11109350
Hidden Bibliographic Details
Varying Form of Title:Credibility
Other authors / contributors:Persson, Torsten.
Tabellini, Guido Enrico, 1956-
ISBN:0585164959
9780585164953
0262161400
0262660873
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 0262161400