Rules, Reputation and Macroeconomic Policy Coordination 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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Currie, David/ Levine, Paul 作者

译者

2009-3 出版日期

444 页数

$ 67.80 价格

丛书系列

9780521104609 图书编码

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发表于2024-12-28

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Rules, Reputation and Macroeconomic Policy Coordination 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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Rules, Reputation and Macroeconomic Policy Coordination 在线电子书图书描述

In this book David Currie and Paul Levine address a broad range of issues concerning the design and conduct of macroeconomic policy in open economies. Adopting neo-Keynesian models for which monetary and fiscal policy have short-term real effects, they analyse active stabilisation policies in both a single- and multi-country context. Questions addressed include: the merits of simple policy rules, policy design in the face of uncertainty and international policy coordination. A central feature of the book is the treatment of credibility and the effect of a policy-maker's reputation for sticking to announced policies. These considerations are integrated with coordination issues to produce a unique synthesis. The volume develops optimal control methods and dynamic game theory to handle relationships between governments and a conscious rational private sector and produces a unified, coherent approach to the subject. This book will be of interest to students and teachers of open economy macroeconomics and to professional economists interested in using macroeconomic models to design policy.

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