Reform of Macroeconomic Policy PDF
215 Pages·1999·1.491 MB·English
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This text examines ways to improve macroeconomic policy in the context of the various macroeconomic problems of the 1980s and 1990s, with the chapters having been written at various times over that period. It emphasizes the need to find the best combinations of monetary policy and different forms of taxation and government outlays to achieve high employment and low inflation. There is a concluding chapter discussing the special problems that arise when inflation has become low, zero or even negative.
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