Synopsis
This 1986 book examines some of the main issues that have characterized macroeconomics: the debate between 'monetarists' and 'Keynesians'; the response to demand shocks and supply shocks, by which the monetary authorities control aggregrate nominal income and the use and relevance of the money supply as a target; and the consumption function and the determinants of wealth. It shows that Keynesian stabilization policies succeeded in reducing instability due to demand shocks dramatically, but that no aggregrate demand policy can stabilize both price and employment simultaneously after a supply shock. However, by assigning an overall 'social cost' to (excess) unemployment and (initially) unexpected inflation, an optimism path can be derived. In looking at the consumption function and determinants of wealth the empirical evidence is shown to be most consistent with the life-cycle hypothesis. A concluding section is devoted to the impact on private and national society of the 'social security revolution'.
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Book Description
This 1986 book examines some of the main issues that have characterised macroeconomics: the debate between 'monetarists' and 'Keynesians'; the response to demand and supply shocks, by which the monetary authorities control aggregrate nominal income; and the consumption function and the determinants of wealth.
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The Debate Over Stabilization Policy (Raffaele Mattioli Foundation)
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The Debate over Stabilization Policies
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The Debate Over Stabilization Policy (Raffaele Mattioli Lectures Series)
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The debate over stabilization policy / Franco Modigliani [edited by Franco Bruni]
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First Edition. Very good cloth copy in a good if somewhat edge-nicked and dust-dulled dust-wrapper. Remains quite well-preserved overall. Physical description : xiv, 270 pages ; 25 cm. SubjectEconomic stabilization. Economic policy. Economic stabilization Addresses, essays, lectures. Economic policy Addresses, essays, lectures. 3 Kg. Seller Inventory # 382402
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The Debate Over Stabilization Policy Raffaele Mattioli Lectures
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The Debate Over Stabilization Policy Raffaele Mattioli Lectures
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ISBN 10: 0521267900
ISBN 13: 9780521267908
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gebundene Ausgabe. Condition: Gut. 270 Seiten Der Erhaltungszustand des hier angebotenen Werks ist trotz seiner Bibliotheksnutzung sehr sauber und kann entsprechende Merkmale aufweisen (Rückenschild, Instituts-Stempel.). Original-Schutzumschlag vorhanden (siehe Foto). In ENGLISCHER Sprache. Sprache: Englisch Gewicht in Gramm: 825. Seller Inventory # 2161387
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Raffaele Mattioli Lectures: The Debate Over Stabilization Policy
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The debate over stabilization policy / Franco Modigliani [edited by Franco Bruni]
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First Edition. Very good cloth copy in a good if somewhat edge-nicked and dust-dulled dust-wrapper. Remains quite well-preserved overall. Physical description : xiv, 270 pages ; 25 cm. SubjectEconomic stabilization. Economic policy. Economic stabilization Addresses, essays, lectures. Economic policy Addresses, essays, lectures. 1 Kg. Seller Inventory # 382402
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The debate over stabilization policy
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Cartonato con sovracoperta. Testo in Lingua Inglese. Text in English. Raffaele Mattioli Lectures Numero di tavole: 0 pp.XIV,270 9780521267908 altezza 25 larghezza 16.6 Esemplare in buone condizioni, in cofanetto brunito ai bordi, con macchie di polvere e minimi segni di usura agli angoli e ai bordi. Sovraccoperta con ingiallimento, dorso brunito, macchie di polvere e minimi segni di usura ai bordi e agli angoli. Testo in Lingua Inglese. Text in English. Book in good condition. Seller Inventory # LIPSEC0223861-180325
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The Debate Over Stabilization Policy
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