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Monetary and fiscal policy. Volume 1, Credibility /

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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Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Persson, Torsten, Tabellini, Guido Enrico, 1956-
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Cambridge, Mass. : MIT Press, ©1994.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario: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.
Descripción Física:1 online resource (479 pages) : illustrations
Bibliografía:Includes bibliographical references and indexes.
ISBN:0585164959
9780585164953