Monetary and Fiscal Policy
by Torsten Persson
1994
Ratist Community Rating
—/ 10
No reviews yet
Your Score Estimate
~?/ 10
Rate a few books to unlock your estimate
Community breakdown
Story
—
Writing & Style
—
Emotive Effect
—
Characters & Voice
—
Pure Entertainment
—
Bars show the community-aggregated score per category. Rate this book to contribute.
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.