Confidence, Credibility and Macroeconomic Policy

Confidence, Credibility and Macroeconomic Policy PDF Author: Richard Burdekin
Publisher:
ISBN: 9780203300503
Category : Economic stabilization
Languages : en
Pages : 234

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Book Description
The authors explore the interaction between confidence and the credibility of the government's financial policies. It will be an invaluable guide for all those interested in macroeconomic policy.

Confidence, Credibility and Macroeconomic Policy

Confidence, Credibility and Macroeconomic Policy PDF Author: Richard Burdekin
Publisher:
ISBN: 9780203300503
Category : Economic stabilization
Languages : en
Pages : 234

Get Book

Book Description
The authors explore the interaction between confidence and the credibility of the government's financial policies. It will be an invaluable guide for all those interested in macroeconomic policy.

Confidence, Credibility and Macroeconomic Policy

Confidence, Credibility and Macroeconomic Policy PDF Author: Richard Burdekin
Publisher: Routledge
ISBN: 1134851235
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
The results of macroeconomic policy are often unpredictable. One of the major reasons for this is the importance of confidence and expectations in economic affairs. Confidence, Credibility and Macroeconomic Policy explores this interaction between confidence and expectations, and the credibility of the government's financial policies. The volume is divided into three parts. * An overview of the inter-relationship between fiscal policy, credibility and inflation * Empirical research on the importance of public confidence and expectations to the success of fiscal and monetary policy. * The definition and functions of consumer confidence as it is measured today. Confidence, Credibility and Macroeconomic Policy will be an invaluable guide for all those interested in macroeconomic policy.

Confidence, Credibility and Macroeconomic Policy

Confidence, Credibility and Macroeconomic Policy PDF Author: Richard Burdekin
Publisher: Routledge
ISBN: 1134851243
Category : Business & Economics
Languages : en
Pages : 234

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Book Description
First published in 1995. Routledge is an imprint of Taylor & Francis, an informa company.

Macroeconomic Policy

Macroeconomic Policy PDF Author: Farrokh K. Langdana
Publisher: Springer Nature
ISBN: 3030920585
Category : Business & Economics
Languages : en
Pages : 358

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Book Description
This book is an applications-oriented text designed for individuals who desire a hands-on approach to analyzing the effects of fiscal and monetary policies. Significantly updated for the fourth edition, the text provides an understanding of the global economy in the wake of the COVID crisis, discussing topics such as pandemic related supply and demand-side shocks, the role of Modern Monetary Theory (MMT) in financing COVID rescue plans, the effect of the US, India, Eurozone and China’s post-COVID economies on emerging and transitioning economies, and the resurgence of inflation. This edition includes deeper coverage on the issue of budget deficit sustainability and on trade wars, especially in a global context, and revisits the life cycles of speculative asset price (SAP) bubbles, especially in the housing markets and in SPACs. The fourth edition contains several brand-new cases and media articles that are carefully positioned to relate explicitly to theory, and to look ahead to and preempt global macro situations and polices in the years to come. MBA students and Executive MBA students who appreciate the importance of monetary and fiscal analysis will find this text to be right on target. Financial analysts and individual investors who need to strip away economic myths and jargon and systematically examine and understand the effects of macro policies on variables such as inflation, output, employment and interest rates, will also find the book extremely useful.

Macroeconomic Policy

Macroeconomic Policy PDF Author: Farrokh Langdana
Publisher: Springer Science & Business Media
ISBN: 0387776664
Category : Business & Economics
Languages : en
Pages : 298

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Book Description
This is an applications-oriented text that demystifies the linkages between monetary and fiscal policies and key macroeconomic variables such as income, unemployment, inflation and interest rates. Specially written "newspaper" articles simulate current macroeconomic news on asset-price bubbles, exchange rates, hyperinflation and more. Exercises and diagrams, and a global perspective – incorporating both developed and emerging economies - make this a broadly useful, real-world oriented text on a complex and shifting subject.

Economy of Words

Economy of Words PDF Author: Douglas R. Holmes
Publisher: University of Chicago Press
ISBN: 022608776X
Category : Social Science
Languages : en
Pages : 278

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Book Description
Markets are artifacts of language—so Douglas R. Holmes argues in this deeply researched look at central banks and the people who run them. Working at the intersection of anthropology, linguistics, and economics, he shows how central bankers have been engaging in communicative experiments that predate the financial crisis and continue to be refined amid its unfolding turmoil—experiments that do not merely describe the economy, but actually create its distinctive features. Holmes examines the New York District Branch of the Federal Reserve, the European Central Bank, Deutsche Bundesbank, and the Bank of England, among others, and shows how officials there have created a new monetary regime that relies on collaboration with the public to achieve the ends of monetary policy. Central bankers, Holmes argues, have shifted the conceptual anchor of monetary affairs away from standards such as gold or fixed exchange rates and toward an evolving relationship with the public, one rooted in sentiments and expectations. Going behind closed doors to reveal the intellectual world of central banks,Economy of Words offers provocative new insights into the way our economic circumstances are conceptualized and ultimately managed.

Credibility and Crisis Stress Testing

Credibility and Crisis Stress Testing PDF Author: Ms.Li L. Ong
Publisher: International Monetary Fund
ISBN: 1475527063
Category : Business & Economics
Languages : en
Pages : 64

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Book Description
Credibility is the bedrock of any crisis stress test. The use of stress tests to manage systemic risk was introduced by the U.S. authorities in 2009 in the form of the Supervisory Capital Assessment Program. Since then, supervisory authorities in other jurisdictions have also conducted similar exercises. In some of those cases, the design and implementation of certainelements of the framework have been criticized for their lack of credibility. This paper proposes a set of guidelines for constructing an effective crisis stress test. It combines financial markets impact studies of previous exercises with relevant case study information gleaned from those experiences to identify the key elements and to formulate their appropriate design. Pertinent concepts, issues and nuances particular to crisis stress testing are also discussed. The findings may be useful for country authorities seeking to include stress tests in their crisis management arsenal, as well as for the design of crisis programs.

The Great Inflation

The Great Inflation PDF Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066959
Category : Business & Economics
Languages : en
Pages : 545

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Book Description
Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.

Financial Developments in National and International Markets

Financial Developments in National and International Markets PDF Author: Jesús Ferreiro
Publisher: Springer
ISBN: 0230522378
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
This book offers a comprehensive analysis of the problems that the current working of capital markets are generating on both developed and developing economies. It pays special attention to the reasons explaining the unstable and volatile working of international financial markets and to the consequences of that behaviour on both the economic performance of the involved countries and on the economic policies implemented.

OECD Economic Surveys: Bulgaria 1997

OECD Economic Surveys: Bulgaria 1997 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264149511
Category :
Languages : en
Pages : 155

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Book Description
This 1997 edition of OECD's periodic review of the Bulgarian economy examines recent economic developments, policies and prospects. It includes special features on financial instability, the banking sector, restructuring, privatisation and foreign investment.