| Macroeconomic Policies of Developed Democracies Contributor(s): Franzese Jr, Robert J. (Author) |
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ISBN: 0511810407 ISBN-13: 9780511810404 Publisher: Cambridge University Press OUR PRICE: $213.75 Product Type: Open Ebook - Other Formats Published: June 2012 |
| Additional Information |
| BISAC Categories: - Political Science | Comparative Politics |
| Dewey: 339.5 |
| Series: Cambridge Studies in Comparative Politics |
| Descriptions, Reviews, Etc. |
| Publisher Description: This book synthesizes and extends modern political-economic theory to explain the postwar evolution of macroeconomic policy in developed democracies. The chapters study transfers, debt, and monetary/wage policy-making and outcomes, stressing that participation enhances transfer policy responsiveness to inequality and vice versa, that policy-making veto actors retard fiscal policy adjustments, inducing greater long run debt-responses to all other political-economic stimuli, and that monetary policy's nominal and real effects depend, respectively, on the broader political-economic interest structure and on wage price bargainers' sectorial composition and coordination. |
