Screen LibraryAspects of modern monetary and macroeconomic policies
Within the New Consensus Macroeconomics, monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. This book raises problems relati...
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| Group Author: | ; ; |
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| Literature type: | Electronic Software eBook |
| Language: | English |
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| Online Access: |
http://www.palgraveconnect.com/doifinder/10.1057/9780230627345 |
| Summary: |
Within the New Consensus Macroeconomics, monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. This book raises problems relating to this new monetary and macroeconomic policy. '...this book provides a good overview of the varieties of ongoing research in heterodox economics. It can thus deliver some fresh ideas beyond the NCM and help to overcome the uncritical approach to the assumptions of standard economic theory.' - Jan-Oliver Menz, INTERVENTION - European Journal of Economics and Economic Policies. |
| Item Description: |
Ebook. Originally published in: 2007. |
| Carrier Form: | 296 p. |
| ISBN: |
9780230007932 9780230627345 : 023062734X : |
| CLC: | D971.222.8 |
| Contents: | List of Tables and Figures Notes on the Contributors Introduction-- Philip Arestis, Eckhard Hein & Edwin Le Heron Does Inflation Targeting Increase the Deflationary Bias in the World Economy?-- Basil Moore What is Endogenous when Monetary Policy is Transparent?-- Peter Howells Monetary Policy Formation at The Long-Term Margin: A Kahn-Tobin Framework-- Theodore T. Koutsobinas Bank Lending and Regulation in Insider Financial Systems: A Theoretical Assessment-- Elisabeth Springler Monetary and Budgetary-Fiscal Policy Interactions in a Keynesian Context: Revisiting Macroeconomic Governance-- Ang |