Introduction

Philip Arestis, Eckhard Hein and Edwin Heron

Chapter 1 in Aspects of Modern Monetary and Macroeconomic Policies, 2007, pp 1-6 from Palgrave Macmillan

Abstract: 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. There are a number of aspects relating to this new monetary and macroeconomic policy approach. It is the intention of this edited book to focus on some of these developments, as we try to show in this introduction.

Keywords: Interest Rate; Monetary Policy; Central Bank; Euro Area; Macroeconomic Policy (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palchp:978-0-230-62734-5_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230627345

DOI: 10.1057/9780230627345_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().