Confidence, credibility, and macroeconomic policy: past, present, future PDF
234 Pages·1995·1.527 MB·English
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Confidence, Credibility and Macroeconomic Policy is divided into three sections. Part I is an overview of the inter-relationship between fiscal policy and credibility and inflation. Part II focuses on empirical research and presents historical as well as contemporary evidence on the importance of public confidence and expectations to the success of fiscal and monetary policy. Part III examines the definitions and functions of consumer confidence as it is measured today.
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