The Goals of Macroeconomic Policy
The Goals of Macroeconomic Policy

Author: Martin Prachowny

Publisher: Routledge

Published: 2012-11-12

Total Pages: 113

ISBN-13: 1134841434

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Politicians win elections by promising 'Jobs! Jobs! Jobs!' but in practice these promises quickly fall by the wayside. The Goals of Macroeconomic Policy asks why. It begins with the observation that there is no convincing economic argument that full employment should be the primary objective of economic policy in all circumstances. In the light of this it examines whcy policy has failed so consistantly. It explains this by a theory of the labour market which shows why most workers are happy to operate in a way which militates against full employment. It then proceeds to analyse the rather dire consequences of this for the budget deficit.

Macroeconomic Policy
Macroeconomic Policy

Author: Alan Marin

Publisher: Routledge

Published: 2005-08-03

Total Pages: 204

ISBN-13: 1134888694

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Macroeconomic Policy examines the central tenets of both Keynesian and Monetarist schools. It begins by examining the aims of macroeconomic policy: low unemployment, low inflation, high levels of output and high rates of growth. In practice these goals interact and policies which promote one are often detrimental to another. As well as examining how the different schools manage the trade-off between goals, the book also considers their distinctive attitude to markets, how they manage concepts of the short and long run and their different notions of uncertainty.

Economics
Economics

Author: Chris Mulhearn

Publisher: MacMillan

Published: 1999

Total Pages: 359

ISBN-13: 9780333691830

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Economics provides an interactive and illuminating account of the issues facing all economies today. The writing style reflects the nature of discourse of the discipline, providing an analytical rather than a descriptive approach.

Macroeconomic Policy
Macroeconomic Policy

Author: Martin Weale

Publisher: Routledge

Published: 2015-10-05

Total Pages: 403

ISBN-13: 1317379438

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This analysis of macroeconomic policy, originally published in 1989, argues that key government objectives, such as reduced inflation, decreased unemployment and an adequate level of national saving can be achieved only by employing both monetary and fiscal policies, in conjunction with supply-side policies expressly designed to improve the workings of the labour market. Part 1 is a comparative analysis showing the effects of monetary and fiscal policy on the economy. Real-wage rigidity in the labour market is shown to have important consequences for the working of both types of policy, because it conditions the economy’s response to tax changes. Part 2 presents an econometric model which combines consistent stock-flow accounts with a full range of expectational effects. Part 3 presents an innovative technique for solving rational expectations models with the need for arbitary terminal conditions.

Introduction to Business
Introduction to Business

Author: Lawrence J. Gitman

Publisher:

Published: 2018

Total Pages: 732

ISBN-13: 9781947172555

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Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond.

General Approach to Macroeconomic Policy
General Approach to Macroeconomic Policy

Author: J. O. N. Perkins

Publisher: Springer

Published: 1990-06-18

Total Pages: 149

ISBN-13: 1349106615

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An extension of the analysis of macroeconomic policy from the need to deal with two problems (inflation and unemployment) to include the state of the current account of the balance of payments, and the effect of the level of investment and the state of the balance of payments.

Macroeconomic Policy in Fragile States
Macroeconomic Policy in Fragile States

Author: Ralph Chami

Publisher: Oxford University Press, USA

Published: 2021-01-26

Total Pages: 689

ISBN-13: 0198853092

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Setting macroeconomic policy is especially difficult in fragile states. Macroeconomic Policy in Fragile States addresses the many issues involved and considers ways to improve the effectiveness of macroeconomic management in the face of these constraints.

Agenda for the Study of Macroeconomic Policy
Agenda for the Study of Macroeconomic Policy

Author: Herbert Stein

Publisher: Washington, D.C. : American Enterprise Institute

Published: 1983

Total Pages: 54

ISBN-13:

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Research paper on economic analysis of macroeconomic policies since 1980 in the USA - examines the uncertainty and theoretical confusion about the meaning and validity of fiscal policies and monetary policies in achieving stabilization and reducing inflation and unemployment; outlines macroeconomic instruments (incl. Balanced national budget, deficit financing, money supply, income tax and public expenditure reduction, public finance, etc.).