1.

Record Nr.

UNINA9910783653603321

Autore

Burdekin Richard C. K (Richard Charles Keighley), <1958, >

Titolo

Confidence, credibility, and macroeconomic policy : past, present, future / / Richard C.K. Burdekin and Farrokh K. Langdana

Pubbl/distr/stampa

London ; ; New York : , : Routledge, , 1995

ISBN

1-134-85123-5

1-138-86580-X

1-280-10828-2

1-134-85124-3

0-203-42519-7

9786610108282

Descrizione fisica

1 online resource (234 p.)

Altri autori (Persone)

LangdanaFarrokh K

Disciplina

339.5

Soggetti

Economic stabilization

Uncertainty

Monetary policy

Fiscal policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. [187]-200) and index.

Nota di contenuto

Book Cover; Title; Contents; List of figures; List of tables; Foreword by the Honourable Ruth Richardson MP; Acknowledgements; Introduction; Fiscal policy, credibility and inflation: The critical role of confidence factors; Bond-financed deficits, taxation and expectations: An experimental test of the Ricardian equivalence theorem; Monetary credibility and national output: An experimental verification of the Lucas 'islands' explanation of business cycles; Public confidence and public finance during the American Civil War: Lessons from North and South

Deficit finance, expectations and real money balances: The operation of the inflation tax in Germany after the First World War Does exchange rate pegging foster monetary credibility? The European Monetary System and the 1980's disinflation; Consumer confidence in today's macroeconomy: Definition, measurement and potential importance; Consumer confidence and the optimal timing of effective monetary



stabilisation; Consumer confidence and domestic fiscal stabilisation; Notes; Bibliography; Index

Sommario/riassunto

The authors explore the interaction between confidence and the credibility of the government's financial policies. It will be an invaluable guide for all those interested in macroeconomic policy.