The macroeconomic mix to stop stagflation /

By:

Perkins, J. O. N

Material type: Text

TextPublication details: London : Macmillan, c1979.Description: ix, 193 p. :illISBN:

0333253965 :

Subject(s):

DDC classification:

339.5 PER

LOC classification:

HD82 .P4437 1979b

Summary: This book attempt to highlights the different mixes of fiscal and monetary policies to get a particular level of aggregate output which have different effects on inflation; or, equivalently, that choosing between combinations of fiscal and monetary policies to reduce inflation will result in different levels of output for a given reduction in inflation. Furthermore, there are different effects on inflation for a given change in output from fiscal policy depending on whether the stimulus is a change in taxation or a change in government expenditure. In particular, a country suffering from inflation simultaneously with high unemployment should combine a restrictive monetary policy with an expansionary fiscal policy, and the latter should generally concentrate on reducing taxation.

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode
Monograph & others	CBN HQ Library General Stacks	Non-fiction	339.5 PER (Browse shelf(Opens below))	Available		31008100150925

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Previous	339.5 MAC Macroeconomic adjustment :	339.5 MAC Macroeconomic adjustment :	339.5 MAC Macroeconomic policy in fragile states /	339.5 PER The macroeconomic mix to stop stagflation /	339.5 REY Review guide and workbook for use with macroeconomics:	339.5 SCH Income policies abroad part I :	339.5 SOC Social safety nets :	Next

Includes index

Includes bibliographical references.

This book attempt to highlights the different mixes of fiscal and monetary policies to get a particular level of aggregate output which have different effects on inflation; or, equivalently, that choosing between combinations of fiscal and monetary policies to reduce inflation will result in different levels of output for a given reduction in inflation. Furthermore, there are different effects on inflation for a given change in output from fiscal policy depending on whether the stimulus is a change in taxation or a change in government expenditure. In particular, a country suffering from inflation simultaneously with high unemployment should combine a restrictive monetary policy with an expansionary fiscal policy, and the latter should generally concentrate on reducing taxation.

usc 16/05/18

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