Aspects of Modern Monetary and Macroeconomic Policies

Edited by Philip Arestis, Eckhard Hein and Edwin Le Heron

in Conference proceedings of the Research Network Macroeconomics and Macroeconomic Policies (FMM) from IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute

Abstract: Over the last 30 years or so the developments in the area of monetary and macroeconomic policies have been quite substantial. Within the new consensus macroeconomics (NCM), monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. In this book a number of questions relating to this new monetary and macroeconomic policy approach are raised. NCM is compared to post-Keynesian alternatives on a theoretical level and the consequences of NCM for economic policy outcomes and macroeconomic performance are discussed. Finally, the book covers some empirical studies on recent monetary and macroeconomic policies in the Euro area, Germany and the UK.

Date: 2007
ISBN: 9780230007932
References: Add references at CitEc
Citations: View citations in EconPapers (27)

Downloads: (external link)
https://link.springer.com/book/10.1057/9780230627345 (application/pdf)
https://link.springer.com/book/10.1057/9780230627345 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imk:fmmcps:9b-2007

Access Statistics for this book

More books in Conference proceedings of the Research Network Macroeconomics and Macroeconomic Policies (FMM) from IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute Contact information at EDIRC.
Bibliographic data for series maintained by Sabine Nemitz ().