Arthur Okun’s Contribution to the Macoeconomic Policy Debates in the 1970s

J. Lodewijks
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J. Lodewijks: University of New South Wales, kensington, NSW

Economic Analysis and Policy, 1989, vol. 19, issue 2, 141-166

Abstract: This paper examines the policy views of a prominent American Keynesian, Arthur Okun. An account is given of what Okun actually said on stabilisation policy and the need for a wage-price policy by using his testimonies before Congressional Committees. It is concluded that Okun was an advocate of a particular approach to promoting anti-inflation and pro-employment policies and was able to communicate these ideas to those actually concerned with public policy formation.

Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecanpo:v:19:y:1989:i:2:p:141-166

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