Macroeconomic policy /
Examines the fierce controversy between Keynesian and monetarist schools over macroeconomic policy and offers clear alternatives which emphasize the interconnectedness of policy aims in relation to current levels of inflation and unemployment.
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Format: | Electronic eBook |
Language: | English |
Published: |
London ; New York :
Routledge,
1992.
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Online Access: |
Full text (Emmanuel users only) |
Table of Contents:
- BOOK COVER; HALF-TITLE; TITLE; COPYRIGHT; DEDICATION; CONTENTS; LIST OF FIGURES AND TABLES; PREFACE; 1 WHAT NEEDS EXPLAINING?; THE CHANGE; THE APPROACH OF THIS BOOK; OVERVIEW OF SOME OF THE ISSUES; PREREQUISITES AND TECHNIQUES; 2 THE KEYNESIAN VIEW OF UNEMPLOYMENT; INTRODUCTION; THE KEYNESIAN MODEL OF THE DETERMINATION OF OUTPUT AND EMPLOYMENT; MONETARY AND FISCAL POLICIES TO INCREASE OUTPUT; RELATIONSHIP OF MONETARY TO FISCAL POLICY; CONCLUSIONS; 3 DEFICIENCIES IN THE KEYNESIAN EXPLANATION AND POLICY PROPOSALS; INTRODUCTION; THE EXOGENEITY OF MONEY WAGES; IS UNEMPLOYMENT ALWAYS VOLUNTARY?