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Confidence, credibility, and macroeconomic policy : past, present, future

Author: Richard C K Burdekin; Farrokh K Langdana
Publisher: London ; New York : Routledge, 1995.
Edition/Format:   Book : EnglishView all editions and formats
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Document Type: Book
All Authors / Contributors: Richard C K Burdekin; Farrokh K Langdana
ISBN: 0415102782 9780415102780 9780203425190 0203425197
OCLC Number: 31044935
Description: xxiii, 209 p. : ill. ; 23 cm.
Contents: Foreword / Ruth Richardson --
1. Fiscal policy, credibility and inflation: The critical role of confidence factors --
2. Bond-financed deficits, taxation and expectations: An experimental test of the Ricardian equivalence theorem --
3. Monetary credibility and national output: An experimental verification of the Lucas 'islands' explanation of business cycles --
4. Public confidence and public finance during the American Civil War: Lessons from North and South --
5. Deficit finance, expectations and real money balances: The operation of the inflation tax in Germany after the First World War --
6. Does exchange rate pegging foster monetary credibility? The European Monetary System and the 1980s disinflation --
7. Consumer confidence in today's macroeconomy: Definition, measurement and potential importance --
8. Consumer confidence and the optimal timing of effective monetary stabilisation / Richard C. K. Burdekin, Farrokh K. Langdana and Giles Mellon.
Responsibility: Richard C.K. Burdekin and Farrokh K. Langdana.
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