 |
|
|
Item Details
| Title:
|
MACROECONOMIC POLICY
|
| By: |
Robert J. Barro |
| Format: |
Hardback |
| List price:
|
£64.95 |
|
We currently do not stock this item, please contact the publisher directly for
further information.
|
|
|
|
|
|
| ISBN 10: |
0674540808 |
| ISBN 13: |
9780674540804 |
| Publisher: |
HARVARD UNIVERSITY PRESS |
| Pub. date: |
1 January, 1990 |
| Pages: |
388 |
| Synopsis: |
Combining powerful insights from theory with close observation of data, Robert Barro's new book goes a long way toward the establishment of an empirically based macroeconomic theory.Barro first presents a positive theory of government economic policymaking by using applied game theory to model strategic interactions between policymakers and the private sector. He applies this framework to questions of rules, discretion, and reputation in monetary policy. He then takes a close look at whether monetary disturbances have a strong effect on business fluctuations, concluding that the effect is neither as strong nor as pervasive as many economists have believed. He consequently turns his attention from monetary policy to fiscal policy. The originator of the modern theory of Ricardian equivalence, which says that taxes and budget deficits are logically equivalent, Barro summarizes the current debate and argues that the Ricardian theorem is the correct starting point for the analysis of intertemporal government finance. Finally, stating his belief that macroeconomists have probably spent too much time thinking about deficits--which relate to how government spending is financed--and not enough about the effects of government expenditures themselves, he examines evidence of the macroeconomic effects of government spending in the United States and Great Britain. |
| US Grade: |
College Graduate Student |
| Illustrations: |
illustrations, bibliography, index |
| Publication: |
US |
| Imprint: |
Harvard University Press |
| Returns: |
Returnable |
|
|
|
 |
|
|
|
|
|
Little Worried Caterpillar (PB)
Little Green knows she''s about to make a big change - transformingfrom a caterpillar into a beautiful butterfly. Everyone is VERYexcited! But Little Green is VERY worried. What if being a butterflyisn''t as brilliant as everyone says?Join Little Green as she finds her own path ... with just a littlehelp from her friends.
|
|
All the Things We Carry PB
What can you carry?A pebble? A teddy? A bright red balloon? A painting you''ve made?A hope or a dream?This gorgeous, reassuring picture book celebrates all the preciousthings we can carry, from toys and treasures to love and hope. With comforting rhymes and fabulous illustrations, this is a warmhug of a picture book.
|
|
|
|