Fiscal Policy as a Weapon to Control Inflation

Fritz Neumark
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Fritz Neumark: University of Frankfurt am Main

Chapter Chapter 12 in Inflation, 1962, pp 185-197 from Palgrave Macmillan

Abstract: Abstract ‘Fiscal Policy’ doctrines as opposed to those of traditional ‘Public Finance’ were conceived in a period when all economies faced an unprecedented depression. The climate in which the new theory originated may have been largely responsible for the fact that for a long time, the possibility and requirements of an effective fight against deflation formed the centre of gravity of fiscal policy discussions.

Keywords: Monetary Policy; Fiscal Policy; Public Debt; Price Stability; Budget Surplus (search for similar items in EconPapers)
Date: 1962
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DOI: 10.1007/978-1-349-08455-5_12

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