Optimal Policies for Stabilization and Growth

Download Optimal Policies for Stabilization and Growth PDF Online Free

Author :
Publisher : Gower Publishing Company, Limited
ISBN 13 :
Total Pages : 176 pages
Book Rating : 4.:/5 (6 download)

DOWNLOAD NOW!


Book Synopsis Optimal Policies for Stabilization and Growth by : Judith N. Yates

Download or read book Optimal Policies for Stabilization and Growth written by Judith N. Yates and published by Gower Publishing Company, Limited. This book was released on 1971 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Optimal Policies for Stabilization and Growth

Download Optimal Policies for Stabilization and Growth PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 154 pages
Book Rating : 4.:/5 (1 download)

DOWNLOAD NOW!


Book Synopsis Optimal Policies for Stabilization and Growth by : Judith N. Yates

Download or read book Optimal Policies for Stabilization and Growth written by Judith N. Yates and published by . This book was released on 1971 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Optimal Policies for Stabilization and Growth

Download Optimal Policies for Stabilization and Growth PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 156 pages
Book Rating : 4.:/5 (258 download)

DOWNLOAD NOW!


Book Synopsis Optimal Policies for Stabilization and Growth by : Judith Nancy Yates-Potter

Download or read book Optimal Policies for Stabilization and Growth written by Judith Nancy Yates-Potter and published by . This book was released on 1970 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Optimal policies for stabilization and growth

Download Optimal policies for stabilization and growth PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 154 pages
Book Rating : 4.:/5 (468 download)

DOWNLOAD NOW!


Book Synopsis Optimal policies for stabilization and growth by : Judith N. Yates

Download or read book Optimal policies for stabilization and growth written by Judith N. Yates and published by . This book was released on 1971 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Optimal policies for stabilization and growth

Download Optimal policies for stabilization and growth PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 154 pages
Book Rating : 4.:/5 (164 download)

DOWNLOAD NOW!


Book Synopsis Optimal policies for stabilization and growth by : Judith Nancy Yates

Download or read book Optimal policies for stabilization and growth written by Judith Nancy Yates and published by . This book was released on 1971 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Optimal Policies for Stabilization and Growth

Download Optimal Policies for Stabilization and Growth PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (265 download)

DOWNLOAD NOW!


Book Synopsis Optimal Policies for Stabilization and Growth by : Judith M. Yates

Download or read book Optimal Policies for Stabilization and Growth written by Judith M. Yates and published by . This book was released on 1971 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

OPTIMAL GROWTH AND STABILIZATION POLICIES..

Download OPTIMAL GROWTH AND STABILIZATION POLICIES.. PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 183 pages
Book Rating : 4.:/5 (17 download)

DOWNLOAD NOW!


Book Synopsis OPTIMAL GROWTH AND STABILIZATION POLICIES.. by : Eisuke Sakakibara

Download or read book OPTIMAL GROWTH AND STABILIZATION POLICIES.. written by Eisuke Sakakibara and published by . This book was released on 1969 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fiscal Policy, Stabilization, and Growth

Download Fiscal Policy, Stabilization, and Growth PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 : 0821370855
Total Pages : 354 pages
Book Rating : 4.8/5 (213 download)

DOWNLOAD NOW!


Book Synopsis Fiscal Policy, Stabilization, and Growth by : Guillermo E. Perry

Download or read book Fiscal Policy, Stabilization, and Growth written by Guillermo E. Perry and published by World Bank Publications. This book was released on 2007-10-19 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects of fiscal policy on growth and on macroeconomic volatility over the cycle. Important issues such as the composition of public expenditures (and its effects on growth), the ability of fiscal policy to stabilize cyclical fluctuations, and the currency composition of public debt were largely neglected. As a result, fiscal policy has often amplified cyclical volatility and dampened growth. 'Fiscal Policy, Stabilization, and Growth' explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book highlights the procyclical and anti-investment biases embedded in the region's fiscal policies, explores their causes and macroeconomic consequences, and asesses their possible solutions.

Optimal Policies for Stabilization and Growth

Download Optimal Policies for Stabilization and Growth PDF Online Free

Author :
Publisher : Gower Publishing Company, Limited
ISBN 13 :
Total Pages : 176 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!


Book Synopsis Optimal Policies for Stabilization and Growth by : Judith N. Yates

Download or read book Optimal Policies for Stabilization and Growth written by Judith N. Yates and published by Gower Publishing Company, Limited. This book was released on 1971 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fiscal Policy, Stabilization, and Growth in Developing Countries

Download Fiscal Policy, Stabilization, and Growth in Developing Countries PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 9781557750341
Total Pages : 404 pages
Book Rating : 4.7/5 (53 download)

DOWNLOAD NOW!


Book Synopsis Fiscal Policy, Stabilization, and Growth in Developing Countries by : Mr.Mario I. Bléjer

Download or read book Fiscal Policy, Stabilization, and Growth in Developing Countries written by Mr.Mario I. Bléjer and published by International Monetary Fund. This book was released on 1989-06-15 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edited by Mario I. Blejer and Ke-young Chu, this book investigates linkages among components of the public sector, as well as between macro and micro aspects of fiscal policy, in developing countries. It presents 13 papers prepared by economists of the IMF's Fiscal Affairs Department.

Monetary Policy and Macroeconomic Stabilization

Download Monetary Policy and Macroeconomic Stabilization PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1351504886
Total Pages : 214 pages
Book Rating : 4.3/5 (515 download)

DOWNLOAD NOW!


Book Synopsis Monetary Policy and Macroeconomic Stabilization by : Ole Roste

Download or read book Monetary Policy and Macroeconomic Stabilization written by Ole Roste and published by Routledge. This book was released on 2017-09-08 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a fundamental review and critique of activist economic policies, this book is a unique contribution to classical political economy. "Monetary Policy and Macroeconomic Stabilization" is about macroeconomic stabilization policy, with emphasis on the value of a distinct national monetary policy to growth. Ole Bjorn Roste's argument is for public officials to restrain themselves in the pursuit of policy. As the author notes: when you know less, you should do less.The history of modern macroeconomics started in 1936 with the publication of Keynes' "General Theory of Employment, Interest, and Money". The problems of the Great depression of the 1930s paved the way for a change of focus, from the long run to economic fluctuations in the short run, and from nominal to real variables, such as unemployment and aggregate output.Keynes offered clear policy implications in tune with the times. Because economic adjustment was slow, waiting for the economy to recover by itself was irresponsible. Particularly fiscal policy was essential to return to high employment. Monetary policy could affect aggregate demand through Interest rates, but was less important. Roste discusses the role of monetary policy, starting out with the implications of the theory of optimum currency areas (OCAs). This is followed by estimates of the output loss associated with disinflation policy (the sacrifice ratio) for six OECD economies. Further, Roste models the dynamic adjustment to negative, local labor-market shocks, with particular relevance to Scandinavia, in a final section.The idea that governments should pursue stabilizing fiscal or monetary policies with regard to real variables is often taken for granted by the public, if not by economists. Among the reasons for skepticism, is the presence of differing views on how economies really work, that the state of a given economy becomes known only after a time lag, and that economic agents react to policy and expectations of policy. For these reasons, the effects of policy are generally uncertain. This book explains why the role of history is critical to the study of macroeconomics.p>

Fiscal Adjustment for Stability and Growth

Download Fiscal Adjustment for Stability and Growth PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 9781589065130
Total Pages : 80 pages
Book Rating : 4.0/5 (651 download)

DOWNLOAD NOW!


Book Synopsis Fiscal Adjustment for Stability and Growth by : Mr.James Daniel

Download or read book Fiscal Adjustment for Stability and Growth written by Mr.James Daniel and published by International Monetary Fund. This book was released on 2006-08-17 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pamphlet (which updates the 1995 Guidelines for Fiscal Adjustment) presents the IMF’s approach to fiscal adjustment, and focuses on the role that sound government finances play in promoting macroeconomic stability and growth. Structured around five practical questions—when to adjust, how to assess the fiscal position, what makes for successful adjustment, how to carry out adjustment, and which institutions can help—it covers topics such as tax policies, debt sustainability, fiscal responsibility laws, and transparency.

Optimal Stabilization Policies

Download Optimal Stabilization Policies PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 51 pages
Book Rating : 4.:/5 (227 download)

DOWNLOAD NOW!


Book Synopsis Optimal Stabilization Policies by : Jerome L. Stein

Download or read book Optimal Stabilization Policies written by Jerome L. Stein and published by . This book was released on 1971 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: The approach to economic stabilization policy is indirect, but yields clear cut conclusions for stabilization policy given an equilibrium unemployment rate and the related rate of price change, based upon a steady state relation between these state variables. Define this point as the origin; and vector x measures the deviation of the economy from the desired steady state. The authors formulate a third order dynamic model of the economy in which x is the state. The purpose of the controls is to drive, in some appropriate manner, these three variables to the origin. The authors approach is to insist upon stability and also impose constraints on possible excursions of the transients x. This is done by assigning a cost or penalty function V(x) to a state which is not the desired one, and by insisting that the controls be such that the economy follow a path along which this cost is monotonically decreasing. The authors can bring V(x) monotonically to zero only when some weight is given to each component of x. The authors then present control laws which will reduce this cost monotonically to zero. (Author).

Optimal Stabilization Policy in the Presence of Learning by Doing

Download Optimal Stabilization Policy in the Presence of Learning by Doing PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!


Book Synopsis Optimal Stabilization Policy in the Presence of Learning by Doing by : Philippe Martin

Download or read book Optimal Stabilization Policy in the Presence of Learning by Doing written by Philippe Martin and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the optimal stabilization policy when growth is driven by learning by doing. If benefits of learning by doing are not fully internalized, the optimal policy is to tax labor during expansions and to subsidize it during recessions. The long-term impact of this policy depends critically on initial conditions: If stabilization starts during an expansion, it has a positive effect on long-term production. When stabilization starts during a recession, its long-term effect is negative. The paper makes a methodological contribution in its analytical derivation of the optimal policy along the transition path as well as in the steady state.

Coordination of Monetary and Fiscal Policies

Download Coordination of Monetary and Fiscal Policies PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451844239
Total Pages : 33 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!


Book Synopsis Coordination of Monetary and Fiscal Policies by : International Monetary Fund

Download or read book Coordination of Monetary and Fiscal Policies written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-03-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, monetary authorities have increasingly focused on implementing policies to ensure price stability and strengthen central bank independence. Simultaneously, in the fiscal area, market development has allowed public debt managers to focus more on cost minimization. This “divorce” of monetary and debt management functions in no way lessens the need for effective coordination of monetary and fiscal policy if overall economic performance is to be optimized and maintained in the long term. This paper analyzes these issues based on a review of the relevant literature and of country experiences from an institutional and operational perspective.

Optimal Policies and Immiserizing Growth

Download Optimal Policies and Immiserizing Growth PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.:/5 (145 download)

DOWNLOAD NOW!


Book Synopsis Optimal Policies and Immiserizing Growth by : Jagdish N. Bhagwati

Download or read book Optimal Policies and Immiserizing Growth written by Jagdish N. Bhagwati and published by . This book was released on 1968 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Inflation-Targeting Debate

Download The Inflation-Targeting Debate PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 0226044734
Total Pages : 469 pages
Book Rating : 4.2/5 (26 download)

DOWNLOAD NOW!


Book Synopsis The Inflation-Targeting Debate by : Ben S. Bernanke

Download or read book The Inflation-Targeting Debate written by Ben S. Bernanke and published by University of Chicago Press. This book was released on 2007-11-01 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past fifteen years, a significant number of industrialized and middle-income countries have adopted inflation targeting as a framework for monetary policymaking. As the name suggests, in such inflation-targeting regimes, the central bank is responsible for achieving a publicly announced target for the inflation rate. While the objective of controlling inflation enjoys wide support among both academic experts and policymakers, and while the countries that have followed this model have generally experienced good macroeconomic outcomes, many important questions about inflation targeting remain. In Inflation Targeting, a distinguished group of contributors explores the many underexamined dimensions of inflation targeting—its potential, its successes, and its limitations—from both a theoretical and an empirical standpoint, and for both developed and emerging economies. The volume opens with a discussion of the optimal formulation of inflation-targeting policy and continues with a debate about the desirability of such a model for the United States. The concluding chapters discuss the special problems of inflation targeting in emerging markets, including the Czech Republic, Poland, and Hungary.