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Macroeconomic Policies of Developed Democracies
Contributor(s): Franzese Jr, Robert J. (Author)
ISBN: 0521802946     ISBN-13: 9780521802949
Publisher: Cambridge University Press
OUR PRICE:   $90.25  
Product Type: Hardcover - Other Formats
Published: February 2002
Qty:
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.