American economic policy in the 1980s
Author(s)
Bibliographic Information
American economic policy in the 1980s
(A National Bureau of Economic Research conference report)
University of Chicago Press, 1994
- : pbk
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Includes bibliographical references and indexes
Description and Table of Contents
- Volume
-
ISBN 9780226240930
Description
The American economy in the 1980s was characterized by a lowering of personal taxes and inflation, spiraling government debt, decreased spending on domestic programmes and the sharpest post-World War II recession, followed by nearly eight years of strong economic growth. In this book, policy-makers in the Reagan administration and leaders in academia offer an unusually close-up view of how and why economic policy in the 1980s developed the way it did. In his introduction, Martin Feldstein comments on aspects of policy with which he was closely involved as chairman of the Council of Economic Advisers (1982-1984): monetary and exchange-rate policy, tax policy and budget issues. Feldstein offers his judgements on these policies and illuminates the policy strategies of the 1980s as only an insider can. The following 11 chapters deal with a variety of domestic and international issues, including developments in regulation and antitrust, as well as monetary, trade, tax and budget policies. The result is an authoritative record of Reagan-era economic reforms that is destined to become a standard reference for economists and lay persons alike.
The contributors are Phillip Areeda, Elizabeth Bailey, William F. Baxter, C. Fred Bergsten, James Burnley, Christopher DeMuth, Thomas O. Enders, Martin Feldstein, Jeffrey A. Frankel, Don Fullerton, William M. Isaac, Paul L. Joskow, Paul Krugman, Roger E. Litan, Russell B. Long, Michael Mussa, William A. Niskanen, Roger G. Noll, Lionel H. Olmer, Rudolph Penner, James M. Poterba, Harry M. Reasoner, William R. Rhodes, J. David Richardson, Charles Schultze, Paula Stern, David Stockman, William Taylor, James Tobin, W. Kip Viscusi, Paul A. Volcker, Charls E. Walker, David A. Wise, and Richard G. Woodbury.
- Volume
-
: pbk ISBN 9780226240961
Description
The American economy in the 1980s was characterized by a lowering of personal taxes and inflation, spiraling government debt, decreased spending on domestic programmes, and the sharpest post-World War II recession, followed by nearly eight years of strong economic growth. In this study, policymakers in the Reagan administration and academics offer a view of how and why economic policy in the 1980s developed the way it did. The author comments on aspects of policy with which he was closely involved as chairman of the Council of Economic Advisers (1982-1984): monetary and exchange rate policy, tax policy and budget issues. Feldstein offers his judgments on these policies and illuminates the policy strategies of the 1980s. The following 11 chapters deal with a variety of domestic and international issues, including developments in regulation and antitrust, as well as monetary, trade, tax and budget policies.
Table of Contents
preface 1 American Economic Policy in the 1980s: A Personal View, Martin Feldstein 2 Monetary Policy Michael Mussa, Paul A. Volcker, James Tobin 3 Tax Policy Don Fullerton, Charles E. Walker, Russell B. Long 4 Budget Policy James M. Poterba, David Stockman, Charles Schultze 5 Exchange Rate Policy Jeffrey A. Frankel, C. Fred Bergsten, Michael Mussa 6 Economic Regulation Paul L. Joskow and Roger G. Noll, William A. Niskanen, Elizabeth Bailey 7 Health and Safety Regulation W. Kip Viscusi, Christopher DeMuth, James Burnley 8 Financial Regulation Robert E. Litan, William M. Isaac, William Taylor 9 Antitrust Policy Phillip Areeda, William F. Baxter, Harry M. Reasoner 10 Trade Policy J. David Richardson, Lionel H. Olmer, Paula Stern 11 LDC Debt Policy Paul Krugman, Thomas O. Enders, William R. Rhodes 12 Policy Toward the Aged David A. Wise and Richard G. Woodbury, Rudolph Penner
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