Confidence, credibility, and macroeconomic policy : past, present, future / Richard C.K. Burdekin and Farrokh K. Langdana.

Format:

Book

Author/Creator:

Burdekin, Richard C. K. (Richard Charles Keighley), 1958-

Contributor:

Langdana, Farrokh K.

Language:

English

Subjects (All):

Economic stabilization.

Uncertainty.

Monetary policy.

Fiscal policy.

Physical Description:

1 online resource (234 p.)

Edition:

1st ed.

Place of Publication:

London ; New York : Routledge, 1995.

Language Note:

English

Summary:

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.

Contents:

Book Cover; Title; Contents; List of figures; List of tables; Foreword by the Honourable Ruth Richardson MP; Acknowledgements; Introduction; Fiscal policy, credibility and inflation: The critical role of confidence factors; Bond-financed deficits, taxation and expectations: An experimental test of the Ricardian equivalence theorem; Monetary credibility and national output: An experimental verification of the Lucas 'islands' explanation of business cycles; Public confidence and public finance during the American Civil War: Lessons from North and South

Deficit finance, expectations and real money balances: The operation of the inflation tax in Germany after the First World War Does exchange rate pegging foster monetary credibility? The European Monetary System and the 1980's disinflation; Consumer confidence in today's macroeconomy: Definition, measurement and potential importance; Consumer confidence and the optimal timing of effective monetary stabilisation; Consumer confidence and domestic fiscal stabilisation; Notes; Bibliography; Index

Notes:

Description based upon print version of record.

Includes bibliographical references (p. [187]-200) and index.

ISBN:

1-134-85123-5

1-138-86580-X

1-280-10828-2

1-134-85124-3

0-203-42519-7

9786610108282

9780203425190

OCLC:

252953530