Confidence, Credibility and Macroeconomic Policy (Hardcover, New)

The results of macroeconomic policy are often unpredictable. One of the major reasons for this is the importance of confidence and expectations in economic affairs. For a government's economic policies to succeed they must gain and maintain economic credibility, which many governments are finding increasingly difficult. "Confidence, Credibility and Macroeconomic Policy" explores the interaction between fiscal and monetary stabilization, confidence and expectations, and the credibility of the government's financial policies. The volume is divided into three parts. Part I begins with an overview of the inter-relationship between fiscal policy, credibility and inflation and presents two pioneering, experimental studies that explore the effects of macroeconomic policies on expectations. Part II focuses on empirical research and presents historical as well as contemporary evidence on the importance of public confidence and expectations to the success of fiscal and monetary policy. Part III covers the definition and functions of consumer confidence as it is measured today.

General

Imprint:	Routledge
Country of origin:	United Kingdom
Release date:	May 1995
First published:	1995
Authors:	Richard Burdekin • Farrokh Langdana
Foreword by:	Ruth Richardson
Dimensions:	216 x 138 x 17mm (L x W x T)
Format:	Hardcover
Pages:	234
Edition:	New
ISBN-13:	978-0-415-10278-0
Categories:	Books > Social sciences > Politics & government > Central government > Central government policies Books > Business & Economics > Economics > Macroeconomics > General Books > Business & Economics > Economics > Microeconomics > General
LSN:	0-415-10278-2
Barcode:	9780415102780

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