1st Edition
Theoretical Foundations of Macroeconomic Policy Growth, productivity and public finance
198 Pages
28 B/W Illustrations
by
Routledge
212 Pages
28 B/W Illustrations
by
Routledge
212 Pages
28 B/W Illustrations
by
Routledge
Also available as eBook on:
The recent economic events driven by the great financial crisis of 2007-08 has challenged some "dogma", highlighting various limits and drawbacks of current paradigms. The crisis showed the limitations of monetary policy and led to a revaluation of what levels of public debt can be considered safe. This volume aims to refresh the debate on some important long-run macroeconomic issues from new and... Read more
Contents
Introduction
Part I –Theories
1 Optimal growth theory revisited
2 Continuous-time modelling
3 Demand factors and GDP growth
4 LAMP & banks balance sheet constraints
5 Secular Stagnation
Part II –Policies
6 Public finance and inflation
7 Government budget constraints
8 Productivity as an intermediate target
9 FX reserves for emerging economies
10 Labor market policies
Biography
Giovanni Di Bartolomeo teaches economic policy and monetary economics at the Sapienza University of Rome, Italy.
Enrico Saltari teaches economics and financial economics at the Sapienza University of Rome, Italy.
