This book develops current thinking on fiscal policy, emphasizing the role which fiscal policy can play in macroeconomic policy and challenging the view that macroeconomic policy should rely on monetary policy alone. This book offerstheoretical insights in defence of fiscal policy as a valid macroeconomic instrument. ÍNDICE: - Introduction; J.Creel & M.Sawyer - Fiscal Policy Within the b New consensus in Macroeconomicsb Framework; P.Arestis - Fiscal Policy in Todayb s Endogenous Money World; G.Fontana - Minskyb s Financial Instability Hypothesis: The Crucial Role of Fiscal Policy; P.Arestis & E.De Antoni - The Continuing Relevance of Fiscal Policy; M.Sawyer - The Intertemporal Budget Constraint and the Sustainability of Budget Deficits; P.Arestis & M.Sawyer - Automatic Stabilisation, Discretionary Policy and the Stability Pact; J.Creel & F.Saraceno - Monetary and Fiscal Policies in a Keynesian Stock-flow Consistent Model; E.Le Heron
- ISBN: 978-0-230-20249-8
- Editorial: Palgrave Macmillan
- Encuadernacion: Cartoné
- Páginas: 192
- Fecha Publicación: 05/12/2008
- Nº Volúmenes: 1
- Idioma: Inglés