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Confidence, Credibility and Macroeconomic Policy

Past, Present and Future

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The results of macroeconomic policy are often unpredictable. One of the major reasons for this is the importance of confidence and expectations in economic affairs. Confidence, Credibility and Macroeconomic Policy explores this interaction between confidence and expectations, and the credibility of the government's financial policies. The volume is divided into three parts. * An overview of the inter-relationship between fiscal policy, credibility and inflation * Empirical research on the importance of public confidence and expectations to the success of fiscal and monetary policy. * The definition and functions of consumer confidence as it is measured today. Confidence, Credibility and Macroeconomic Policy will be an invaluable guide for all those interested in macroeconomic policy.

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Confidence, Credibility and Macroeconomic Policy, Richard C. K. Burdekin, Farrokh K. Langdana

Sprache
Erscheinungsdatum
1995
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Titel
Confidence, Credibility and Macroeconomic Policy
Untertitel
Past, Present and Future
Sprache
Englisch
Verlag
Routledge
Erscheinungsdatum
1995
Einband
Hardcover
Seitenzahl
234
ISBN10
0415102782
ISBN13
9780415102780
Reihe
Beschreibung
The results of macroeconomic policy are often unpredictable. One of the major reasons for this is the importance of confidence and expectations in economic affairs. Confidence, Credibility and Macroeconomic Policy explores this interaction between confidence and expectations, and the credibility of the government's financial policies. The volume is divided into three parts. * An overview of the inter-relationship between fiscal policy, credibility and inflation * Empirical research on the importance of public confidence and expectations to the success of fiscal and monetary policy. * The definition and functions of consumer confidence as it is measured today. Confidence, Credibility and Macroeconomic Policy will be an invaluable guide for all those interested in macroeconomic policy.