ENGLISH

Aspects of Modern Monetary and Macroeconomic Policies

By Philip Arestis , Eckhard Hein , Edwin Heron

Book information

Year
2007
ISBN
9780230007932, 9780230627345, 0230007937
LCC
HG230.3 .A72 2007
Open Library ID
OL10194007M
Language
english
Format
PDF
Filesize
1 MB (1295413 bytes)
Edition
First Edition
Pages
256\291
Topic
Economy
Orientation
yes
Scanned
no
Time added
2011-06-04 13:46:07

Description

Over the last thirty years or so the developments in the area of monetary and macroeconomic policies have been quite substantial. Within the new consensus macroeconomics (NCM), monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. There are a number of problems relating to this new monetary and macroeconomic policy approach which are raised in this book.

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