附註:Includes bibliographical references (pages 189-204) and index.
Figures; Tables; Acknowledgments; 1. Introduction: debates over monetary and fiscal policy; 2. The 'new consensus' in macroeconomics and monetary policy; 3. The macroeconometric model of the Bank of England; 4. Can monetary policy affect inflation or the real economy?; 5. Does the stock of money have any causal significance?; 6. The inflationary process; 7. The nature and role of monetary and fiscal policy when money is endogenous; 8. Reinventing fiscal policy; 9. The case for fiscal policy; 10. Macroeconomic policies of the European economic and monetary union; References; Index.
摘要:This book provides a much-needed re-examination of monetary and fiscal policies, their application in the real world and their potential for macroeconomic policy in the 21st century. It provides a detailed discussion and critique of the 'new consensus' in macroeconomics along with the monetary and fiscal policies encapsulated within it.
