Książki

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 offers theoretical insights in defence of fiscal policy as a valid macroeconomic instrument.

Current Thinking on Fiscal Policy

Introduction; J.Creel & M.Sawyer Fiscal Policy Within the 'New consensus in Macroeconomics' Framework; P.Arestis Fiscal Policy in Today's Endogenous Money World; G.Fontana Minsky'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