Macroeconomic Policy

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A01=John Brooks
A01=Robert W. Evans
Author_John Brooks
Author_Robert W. Evans
Category=KCB
economic stabilisation theory
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
government intervention analysis
macroeconomic policy framework
policy target models
prices and incomes regulation
public sector economics
Tinbergen Theil approach

Product details

  • ISBN 9781138938908
  • Weight: 226g
  • Dimensions: 156 x 234mm
  • Publication Date: 01 Aug 2017
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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This book, originally published in 1978, makes use of and extends first-year macroeconomic theory to examine how governments attempt to use the instruments of macroeconomic policy in order to acheive their objectives. It begins with a discussion of the meaning and desirability of policy objectives, moves on to examine the workings of the main policy instruments and concludes with a chapter which outlines Tinbergen’s ‘fixed’ targets’ and Theil’s ‘flexible targets’ approaches to policy. A chapter on debt management considers the main theories of the term strcutyure of interet rates and their implications for debt management as an instrument of policy.

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