Macroeconomic Policies of Developed Democracies Contributor(s): Franzese Jr, Robert J. (Author) |
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ISBN: 0521802946 ISBN-13: 9780521802949 Publisher: Cambridge University Press OUR PRICE: $90.25 Product Type: Hardcover - Other Formats Published: February 2002 |
Additional Information |
BISAC Categories: - Business & Economics | Economics - Macroeconomics - Political Science | Public Policy - Economic Policy - Political Science | Political Ideologies - Democracy |
Dewey: 339.5 |
LCCN: 2001035033 |
Series: Cambridge Studies in Comparative Politics (Hardcover) |
Physical Information: 0.8" H x 6.1" W x 9.1" (1.20 lbs) 332 pages |
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. |