Confidence, credibility, and macroeconomic policy : past, present, future /
The authors explore the interaction between confidence and the credibility of the government's financial policies. It will be an invaluable guide for all those interested in macroeconomic policy.
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
London ; New York :
Routledge,
1995
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| Subjects: | |
| Local Note: | ProQuest Ebook Central |
Table of Contents:
- Chapter Part I Credibility in practice and in experimental testing
- chapter 2 Bond-financed deficits, taxation and expectations: An experimental test of the Ricardian equivalence theorem
- An experimental test of the Ricardian equivalence theorem*
- chapter 3 Monetary credibility and national output: An experimental verification of the Lucas 'islands' explanation of business cycles
- An experimental verification of the Lucas 'islands' explanation of business cycles*
- part Part II Confidence and credibility factors in historical perspective
- chapter 4 Public confidence and public finance during the American Civil War: Lessons from North and South
- Lessons from North and South*
- chapter 5 Deficit finance, expectations and real money balances
- The operation of the inflation tax in Germany after the First World War
- chapter 6 Does exchange rate pegging foster monetary credibility? The European Monetary System and the 1980s disinflation
- The European Monetary System and the 1980s disinflation*
- part Part III Consumer confidence and macroeconomic stabilisation in the 1990s
- chapter 7 Consumer confidence in today's macroeconomy
- Definition, measurement and potential importance
- chapter 8 Consumer confidence and the optimal timing of effective monetary stabilisation / (with Giles Mellon)*
- chapter 9 Consumer confidence and domestic fiscal stabilisation / (with Giles Mellon)*.
