Fiscal and Monetary Policy

Steven M. Sheffrin

ISBN 10: 1858980097 / ISBN 13: 9781858980096

Published by Edward Elgar Publishing Ltd, GB, 1995

About this Item

This two volume set reprints 28 papers on fiscal and monetary policy interpreted broadly enough to include such issues as the effects of government debt and intergenerational accounting. It emphasizes problems that are not specific to a particular country but are relevant for all developed market economies. Fiscal and Monetary Policy is divided into three parts; the first deals with the problems that are common to both fiscal and monetary policies; the second deals with fiscal policy and the third with monetary policy.Fiscal and Monetary Policy includes important articles on the effects of lags on the feasibility of stabilization policy, time inconsistency, the motivation of monetary and fiscal authorities, the Lucas critique, Ricardian equivalence, the choice of monetary targets, feedback rules, international aspects of monetary policy and the appropriate role of government in the monetary system.

Seller Inventory # LU-9781858980096

Bibliographic Details

• Title: Fiscal and Monetary Policy
• Publisher: Edward Elgar Publishing Ltd, GB
• Publication Date: 1995
• Language: English
• ISBN 10: 1858980097
• ISBN 13: 9781858980096
• Binding: Hardback
• Condition: New

About this title

Synopsis

This two volume set reprints 28 papers on fiscal and monetary policy interpreted broadly enough to include such issues as the effects of government debt and intergenerational accounting. It emphasizes problems that are not specific to a particular country but are relevant for all developed market economies. Fiscal and Monetary Policy is divided into three parts; the first deals with the problems that are common to both fiscal and monetary policies; the second deals with fiscal policy and the third with monetary policy.

Fiscal and Monetary Policy includes important articles on the effects of lags on the feasibility of stabilization policy, time inconsistency, the motivation of monetary and fiscal authorities, the Lucas critique, Ricardian equivalence, the choice of monetary targets, feedback rules, international aspects of monetary policy and the appropriate role of government in the monetary system.

About the Author

Edited by the late Thomas Mayer, formerly Emeritus Professor of Economics, University of California, Davis and Steven M. Sheffrin, Professor of Economics and Director of the Murphy Institute of Political Economy, Tulane University, US