|
" Rules, reputation and macroeconomic policy coordination / "
David Currie and Paul Levine.
| Document Type
|
:
|
BL
|
| Record Number
|
:
|
973339
|
| Doc. No
|
:
|
b727709
|
| Main Entry
|
:
|
Currie, David A.
|
| Title & Author
|
:
|
Rules, reputation and macroeconomic policy coordination /\ David Currie and Paul Levine.
|
| Publication Statement
|
:
|
Cambridge ;New York :: Cambridge University Press,, 1993.
|
| Page. NO
|
:
|
1 online resource (ix, 430 pages) :: illustrations
|
| ISBN
|
:
|
051159917X
|
|
|
:
|
: 0521104602
|
|
|
:
|
: 9780511599170
|
|
|
:
|
: 9780521104609
|
|
|
:
|
052144196X
|
|
|
:
|
9780521441964
|
| Bibliographies/Indexes
|
:
|
Includes bibliographical references and index.
|
| Contents
|
:
|
pt. 1. General issues -- pt. 2. Theory and methodology -- pt. 3. Fiscal and monetary policy in interdependant economies.
|
| Abstract
|
:
|
In this book David Currie and Paul Levine address a broad range of issues concerning the design and conduct of macroeconomic policy in open economies. Adopting neo-Keynesian models for which monetary and fiscal policy have short-term real effects, they analyse active stabilisation policies in both a single- and multi-country context. Questions addressed include: the merits of simple policy rules, policy design in the face of uncertainty and international policy coordination. A central feature of the book is the treatment of credibility and the effect of a policy-maker's reputation for sticking to announced policies. These considerations are integrated with coordination issues to produce a unique synthesis. The volume develops optimal control methods and dynamic game theory to handle relationships between governments and a conscious rational private sector and produces a unified, coherent approach to the subject. This book will be of interest to students and teachers of open economy macroeconomics and to professional economists interested in using macroeconomic models to design policy.
|
| Subject
|
:
|
Economic policy-- International cooperation.
|
| Subject
|
:
|
Economic policy.
|
| Subject
|
:
|
Macroeconomics.
|
| Subject
|
:
|
Economic policy-- International cooperation.
|
| Subject
|
:
|
Economic policy.
|
| Subject
|
:
|
Macroeconomics.
|
| Dewey Classification
|
:
|
339.5
|
| LC Classification
|
:
|
HD87.C87 1993eb
|
| Added Entry
|
:
|
Levine, Paul,1944-
|
| |