Rules, Reputation and Macroeconomic Policy Coordination - Rilegato

Currie, David; Levine, Paul

Rilegato

ISBN 10: 052144196X ISBN 13: 9780521441964

Casa editrice: Cambridge University Press, 1993

Riassunto

This book addresses a broad range of issues concerning the design and conduct of macroeconomic policy in open economies.

Su questo libro

Descrizione del libro

In this book David Currie and Paul Levine address a broad range of issues concerning the design and conduct of macroeconomic policy in open economies. Adopting neo-Keynesian models for which monetary and fiscal policy have short-term real effects, they analyse active stabilisation policies in both a single- and multi-country context.

Contenuti

Introduction; Part I. General Issues: 1. Macroeconomic policy design and control theory - a failed partnership?; 2. International policy coordination - a survey; 3. The European road to monetary union; Part II. Theory and Methodology: 4. The design of feedback rules in linear stochastic rational expectations models; 5. Credibility and time consistency in a stochastic world; 6. Should rules be simple?; 7. Macroeconomic policy design using large econometric rational expectations models; Part III. Fiscal and monetary policy in interdependent economies: 8. Macroeconomic policy design in an interdependent world; 9. Does international macroeconomic policy coordination pay and is it sustainable?: a two-country analysis; 10. International cooperation and reputation in an empirical two-bloc model; 11. Fiscal policy coordination, inflation and reputation in a natural rate world; 12. The use of simple rules for international policy coordination; 13. Evaluating the extended target zone proposal for the G3; Bibliography; Index.

Dettagli dell'edizione

• Editore: Cambridge University Press
• Data di pubblicazione: 1993
• Lingua: Inglese
• ISBN 10: 052144196X
• ISBN 13: 9780521441964
• Rilegatura: Copertina rigida
• Numero di pagine: 444
• Contatto del produttore: non disponibile
• Persona responsabile: Avery; https://www.avery.fr/; ; chemin des peupliers 27; Dardilly; Francia