Focusing on a hands-on approach, this applications-oriented text delves into the impacts of fiscal and monetary policies, particularly in the context of the post-COVID global economy. The updated fourth edition addresses pandemic-related economic shocks, the implications of Modern Monetary Theory for COVID rescue efforts, and the effects of major economies like the US and China on emerging markets. It also explores budget deficit sustainability, trade wars, and the dynamics of speculative asset price bubbles, particularly in housing and SPACs.
Farrokh K. Langdana Pořadí knih (chronologicky)


The results of macroeconomic policy are often unpredictable. One of the major reasons for this is the importance of confidence and expectations in economic affairs. Confidence, Credibility and Macroeconomic Policy explores this interaction between confidence and expectations, and the credibility of the government's financial policies. The volume is divided into three parts. * An overview of the inter-relationship between fiscal policy, credibility and inflation * Empirical research on the importance of public confidence and expectations to the success of fiscal and monetary policy. * The definition and functions of consumer confidence as it is measured today. Confidence, Credibility and Macroeconomic Policy will be an invaluable guide for all those interested in macroeconomic policy.