Macroeconomic Policy - Inflation, Wealth and the Exchange Rate

Informationen zum Autor Martin Weale, Andrew Blake, Nicos Christodoulakis, James Meade, David Vines Klappentext This analysis of macroeconomic policy, originally published in 1989, argues that key government objectives, such as reduced inflation, decreased unemployment and an adequate level of national saving can be achieved only by employing both monetary and fiscal policies, in conjunction with supply-side policies expressly designed to improve the workings of the labour market. Zusammenfassung This analysis of macroeconomic policy, originally published in 1989, argues that key government objectives, such as reduced inflation, decreased unemployment and an adequate level of national saving can be achieved only by employing both monetary and fiscal policies, in conjunction with supply-side policies expressly designed to improve the workings of the labour market. Inhaltsverzeichnis Part 1: Theory 1. A New Keynesian Framework For Macroeconomic Policy 2. The Linkages Between Financial Weapons and Financial Targets: A Comparative Static Analysis 3. The Dynamics of Price Stabilization 4. Wealth Targets, Stock Instability and Macroeconomic Policy Part 2: Application 5. A Stock-Flow Model with Model-Consistent or Adaptive Expectations 6. Macroeconomic Policy Rule for Economic Stabilization 7. Counterfactual Simulation With Forward-Looking Expectations 8. A Simulation of the Cost-Push Economy 9. The Controlled Economy with Reformed Wages Part 3: Method 10. The Drivation and Use of a Linear Model 11. The Design of Economic Policy Rules Part 4: Conclusion 12. Summary of Results and Conclusions

Product details

• Authors: Andrew Blake, Nicos Christodoulakis, Christodoulakis Nicos, James Meade, Meade James, David Vines, Vines David, Martin Weale, Martin Blake Weale, Weale Martin
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Hardback
• Released: 15.09.2015
• EAN: 9781138940017
• ISBN: 978-1-138-94001-7
• No. of pages: 396
• Series: Routledge Library Editions: Macroeconomics
• Subjects: Social sciences, law, business > Business > Miscellaneous; Business & Economics / General, BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / Economics / Theory, BUSINESS & ECONOMICS / Economics / Macroeconomics, macroeconomics, economic forecasting