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 26 筆
第 47 頁
... rising debt - GDP ratio ( Arestis and Sawyer , 1996 ) . The difficulty in relation to budget deficits which has ... rise if capital goods were produced with more capital - intensive technology than output as a whole . 7. Which , if ...
... rising debt - GDP ratio ( Arestis and Sawyer , 1996 ) . The difficulty in relation to budget deficits which has ... rise if capital goods were produced with more capital - intensive technology than output as a whole . 7. Which , if ...
第 209 頁
... rise , but as it does the amount added each period will shrink . Eventually , the term being subtracted will rise sufficiently ( being ( 1 − α ) multiplied by the sum of higher and higher powers of ẞ ) , for asset accumulation to cease ...
... rise , but as it does the amount added each period will shrink . Eventually , the term being subtracted will rise sufficiently ( being ( 1 − α ) multiplied by the sum of higher and higher powers of ẞ ) , for asset accumulation to cease ...
第 214 頁
... rise by exactly the amount that government spending has fallen . Needless to say , this shift in the composition of total spending will take place straight away , and will become permanent . Each year tax collections will exceed ...
... rise by exactly the amount that government spending has fallen . Needless to say , this shift in the composition of total spending will take place straight away , and will become permanent . Each year tax collections will exceed ...
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