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Confidence, Credibility and Macroeconomic Policy
Richard Burdekin
Farrokh Langdana
出版
Routledge
, 2003-09-02
主題
Business & Economics / General
Business & Economics / Economics / General
Business & Economics / Sales & Selling / General
Business & Economics / Money & Monetary Policy
ISBN
1134851235
9781134851232
URL
http://books.google.com.hk/books?id=K7aIAgAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
The results of macroeconomic policy are often unpredictable. One of the major reasons for this is the importance of confidence and expectations in economic affairs. Confidence, Credibility and Macroeconomic Policy explores this interaction between confidence and expectations, and the credibility of the government's financial policies. The volume is divided into three parts. * An overview of the inter-relationship between fiscal policy, credibility and inflation * Empirical research on the importance of public confidence and expectations to the success of fiscal and monetary policy. * The definition and functions of consumer confidence as it is measured today. Confidence, Credibility and Macroeconomic Policy will be an invaluable guide for all those interested in macroeconomic policy.