Money and Macroeconomic Policy, 第 1 卷Sami Daniel, Philip Arestis, John Grahl Edward Elgar, 1999 - 226 頁 Twelve contributions comprise this festschrift in honor of two influential British economists. The first three sections address a number of issues faced by the established industrialized countries, including the formulation of macroeconomic policy, aspects of central bank independence, and the prospects for macroeconomic policy in the near future. An additional couple of essays discusses macroeconomic policy outside the Organization for Economic Cooperation and Development (OECD), in Poland and the micro states of the Eastern Caribbean. Annotation copyrighted by Book News, Inc., Portland, OR |
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第 1 到 3 筆結果,共 27 筆
第 65 頁
... associated with the maintenance of the gold standard were only too obvious . Further , as Bernanke ( 1995 ) notes , countries who left the gold standard earlier recovered from depression during the 1930s more rapidly than those who did ...
... associated with the maintenance of the gold standard were only too obvious . Further , as Bernanke ( 1995 ) notes , countries who left the gold standard earlier recovered from depression during the 1930s more rapidly than those who did ...
第 183 頁
... associated with chaotic systems , including sensitive dependence to perturbations in initial conditions and amplitude ' spiking ' associated with market ' bubbles ' and ' crashes ' . The parametric implications of BL stability ...
... associated with chaotic systems , including sensitive dependence to perturbations in initial conditions and amplitude ' spiking ' associated with market ' bubbles ' and ' crashes ' . The parametric implications of BL stability ...
第 207 頁
... associated with that stock : Y1 , that held by the private sector , and 8 , the holdings of the commercial banks . When multiplied by λ , the ECCB's asset - backing parameter , we then have a term which represents the amount of foreign ...
... associated with that stock : Y1 , that held by the private sector , and 8 , the holdings of the commercial banks . When multiplied by λ , the ECCB's asset - backing parameter , we then have a term which represents the amount of foreign ...
內容
a further tale | 10 |
Kaleckis Political Aspects of Full Employment revisited | 18 |
continuing relevance | 34 |
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achieve aggregate demand Alesina analysis Arestis argued Bank of England banker behaviour Bernard Corry British budget Bundesbank Cambridge capital cent central bank independence changes commercial banks Committee conservative constraint consumption convergence countries credibility Cukierman debt deficit ECCB economic policy effect entry equation Euro European European Central Bank evidence example exchange rate expectations favour financial assets financial markets financial stability fiscal policy fixed exchange rate foreign currency full employment gold standard growth implies important increase independent central bank industrial inflation rate inflation targeting inflationary bias institutional interest rates investment issue Kalecki Keynes labour market London low inflation Maastricht Treaty macroeconomic macroeconomic policy Maurice Peston monetary authorities monetary policy Monetary Policy Committee national income non-linear OECD optimal period post Keynesian private sector problem ratio rational expectations recent regime risk single currency structure Tabellini theory unemployment United Kingdom utility function variables yields