Debt, deficit and economic performance
Author(s)
Bibliographic Information
Debt, deficit and economic performance
（Central issues in contemporary economic theory and policy）
Macmillaln , St. Martin's Press, 1993
- : uk
- : us
Available at / 47 libraries
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Note
"[Published by St. Martin's Press] in association with Rivista di Politica Economica, SIPI, Rome."
Includes bibliographical references and index
Description and Table of Contents
Description
Ever since Keynes challenged the classical approach to macroeconomics, the economics profession has been engaged in a prolonged debate over the appropriate roles of monetary, fiscal, debt and exchange rate policies in economic management. The purpose of this book is to review the developments in the theory of fiscal and monetary policy, and the views taken by economists of different schools towards budget deficits and public debt. US and European economists face the key problems of deficit, debt and economic systems. New updated data is presented together with a comprehensive survey of different approaches and theories.
Table of Contents
- Part 1 Theoretical developments: debt and deficits in alternative macroeconomic models, Robert Mundell
- the debt money ratio - what are the limits?, Alvaro Rodriguez
- government spending and national saving, John McCallum
- finite horizons, infinite horizons and stock prices, Paul Evans. Part 2 International empirical evidence: the effects of industrial country fiscal policies on developing countries in the 1980s, Paul R. Masson and John F. Helliwell
- the effects of the tax system on the impact of government debt, William Vickrey
- alternative tax systems ad structural change, Margherita Carlucci et al
- staggered wage setting and the international transmission of policy announcement effects, Steve Ambler
- consumption, uncertainty and Ricardian equivalence, Jagdish Handa
- the burden of government debt in an almost small open country, David F. Burgess. Part 3 The experience of selected countries: government budget and the Italian economy through the 1970s and 1980s, Mario Baldassarri and M.Gabriella Briotti
- public sector debt and deficit in Greece, Yannis Stournaras
- debt and deficits in Australia, Larry Sjaastad.
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