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Synopsis
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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- PublisherRoutledge
- Publication date2017
- ISBN 10 1138938904
- ISBN 13 9781138938908
- BindingPaperback
- LanguageEnglish
- Edition number1
- Number of pages150
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Macroeconomic Policy
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Taylor & Francis Ltd, 2017
ISBN 10: 1138938904
ISBN 13: 9781138938908
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