Macroeconomic Policy |
|
| Author:
| Brooks, John
Evans, Robert W. |
| Series title: | Routledge Library Editions: Macroeconomics Ser. |
| ISBN: | 978-1-138-93889-2 |
| Publication Date: | Oct 2015 |
| Publisher: | Routledge
|
| Book Format: | Hardback |
| List Price: | USD $145.00 |
Book Description:
|
This book, originally published in 1978, makes use of and extends first-year macroeconomic theory to examine how governments attempt to use the instruments of macroeconomic policy in order to acheive their objectives. It begins with a discussion of the meaning and desirability of policy objectives, moves on to examine the workings of the main policy instruments and concludes with a chapter which outlines Tinbergen's 'fixed' targets' and Theil's 'flexible targets' approaches to...
More Description
This book, originally published in 1978, makes use of and extends first-year macroeconomic theory to examine how governments attempt to use the instruments of macroeconomic policy in order to acheive their objectives. It begins with a discussion of the meaning and desirability of policy objectives, moves on to examine the workings of the main policy instruments and concludes with a chapter which outlines Tinbergen's 'fixed' targets' and Theil's 'flexible targets' approaches to policy. A chapter on debt management considers the main theories of the term strcutyure of interet rates and their implications for debt management as an instrument of policy.