ENGLISH

The Economic Theory of Fiscal Policy

By Bent Hansen

Book information

Publisher
Taylor & Francis Group
Year
2003
ISBN
9781317833512, 9780415313995
LCC
HJ135 .P4 2014
Language
english
Format
EPUB
Filesize
5 MB (5133748 bytes)
Pages
469\0
Time added
2023-08-06 10:11:50
financePublic

Description

The book explores whether fiscal policies can secure full employment without inflation, one of the key questions in economics after Keynes. Part 1, General Theory of Public Finance and Fiscal Policy, discusses Ends and Means in economic policy. The results of this ends-means analysis are applied to fiscal policy. Part 2, Microeconomics, deals with the impact of fiscal measures on the behaviour of the individual household, firm and other organization, concentrating on the effects on consumption and saving. Part 3, Macroeconomics, considers how the problem of keeping the price-level constant and the labour market in equilibrium at full employment may be solved by means of fiscal and monetary measures. Problems connected with the volume of investments and the balance of payments are considered simultaneously.

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