Current Thinking on Fiscal Policy

Hardcover | December 15, 2008

EditorJerome Creel, Malcolm Sawyer

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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.

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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.

JEROME CREEL is a Professor of Economics, ESCP-EAP European School of Management, Paris, France, and a Deputy Director at OFCE/Sciences Po, Paris, France. He is a member of the Editorial Board of Revue de lOFCE. He is the author of a book on the EU and has published more than 40 papers in refereed journals and books.   MALCOLM SAWYER ...
Format:HardcoverDimensions:256 pages, 8.83 × 5.68 × 0.63 inPublished:December 15, 2008Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230202497

ISBN - 13:9780230202498

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Table of Contents

Introduction--J.Creel&--M.Sawyer
Fiscal Policy Within the New consensus in Macroeconomics Framework--P.Arestis
Fiscal Policy in Todays Endogenous Money World--G.Fontana
Minskys 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