Readings in Macroeconomics

by Jenkinson, Tim

• ISBN13: 9780198290650
• ISBN10: 0198290659
• Format: Hardcover
• Copyright: 1996-08-29
• Publisher: Oxford University Press

Summary

Over the last ten years, the widely acclaimed Oxford Review of Economic Policy has published papers written in a non-technical style by leading policy experts. This Reader draws together a comprehensive selection of the most significant and widely cited OREP papers in macroeconomics, many of which have been updated and revised. It includes sections on fiscal policy, exchange rates and monetary policy, consumption and the balance of payments, inflation, unemployment, and growth and productivity. Contributors include David begg, Paul Krugman, Assar Lindbeck, John Muellbauer, Steven Nickell, and Denis Snower.

Table of Contents

Fiscal and Monetary Policy

The Role of Fiscal Policy in the 1990s, Christopher Allsopp

Macroeconomic Policy after EMU

Exchange Rates

Exchange Rates in Theory and Practice

European Monetary Unification: A Tour d'Horizon

Assymetries in Housing and Financial Market Institutions and EMU

Consumption and Investment

Consumer Expenditure, John Muellbauer

Does the Balance of Payments Matter?

Investment Performance and Policy

Unemployment and Inflation

Explanations of Unemployment

Unemployment and Inequality

The Limits of Wage Flexibility to Curing Unemployment

Inflation Policy

Economic Growth

New Approaches to Economic Growth

The Macroeconomics of Growth

'Post-neoclassical Endogenous Growth Theory': What are its Policy Implications?

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