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Books > Social sciences > Politics & government > Central government > Central government policies
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Confidence, Credibility and Macroeconomic Policy (Hardcover, New)
Loot Price: R4,308
Discovery Miles 43 080
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Confidence, Credibility and Macroeconomic Policy (Hardcover, New)
Expected to ship within 12 - 17 working days
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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.
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