Select Stabilization Policy Issues

Anthony Makin

Chapter 10 in Global Imbalances, Exchange Rates and Stabilization Policy, 2009, pp 163-180 from Palgrave Macmillan

Abstract: Abstract This chapter examines two issues of relevance to macroeconomic stabilization policy, one relating to monetary policy, the other to fiscal policy. The first concerns the impact of unexpected inflation on domestic borrowers and lenders in the economy and what this implies for the conduct of monetary policy.

Keywords: Interest Rate; Monetary Policy; Central Bank; Fiscal Policy; Real Interest Rate (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25075-8_10

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DOI: 10.1057/9780230250758_10

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