TITLE

ON THE SPECIFICATION AND ESTIMATION OF MACROECONOMIC POLICY FUNCTIONS

AUTHOR(S)
Joyce, Joseph P.
PUB. DATE
January 1986
SOURCE
Quarterly Journal of Business & Economics;Winter86, Vol. 25 Issue 1, p16
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Reviews the empirical literature on the determination of macroeconomic policy. Derivation and estimation of reaction functions for the monetary and fiscal policies of different nations; Central bank transactions in foreign exchange markets and sterilization of their monetary impact; Impact of U.S. budget deficits on monetary expansion.
ACCESSION #
7028830

 

Related Articles

  • Barriers to expansive fiscal policy against the background of the macroeconomic situation of the euro area. MALINOWSKI, DARIUSZ // Ekonomia i Prawo;Mar2017, Vol. 16 Issue 1, p87 

    Aim: In the article, the Author analyses the possibilities of instituting an expansive fiscal policy in individual euro zone countries. In addition, barriers to effective transmission of fiscal expansion to the level of real output in the euro zone economy will be identified against the...

  • MONETARY THEORY AND MONETARY POLICY A CENTRAL BANKER'S VIEW. Zijlstra, J. // De Economist (0013-063X);Apr1979, Vol. 127 Issue 1, p3 

    In this article attention is paid to monetary theory, the relationship between the instruments of monetary policy and other important macro-economic policy instruments, and finally to the real possibilities of pursuing an effective monetary policy. The conclusion from the theoretical analysis is...

  • Some lessons from the US states.  // OECD Economic Surveys: Euro Area;Sep2004, Vol. 2004 Issue 5, p74 

    Presents information on the coordinated rules-based fiscal policy in the U.S. Scope and application of the balanced budget rules; Degrees of stringency of the balanced budget constraints; Impact of stringent balance rules on budget deficits.

  • LET'S CHANGE THE GAME.  // Economic Review (05318955);Mar/Apr2011, Vol. 42 Issue 3/4, p11 

    The article focuses on the alignment of the fiscal policy objectives to the monetary policy objectives in the monetary policy of State Bank of Pakistan (SBP), the central bank of Pakistan. The fiscal policy has been observed to control the current and future deficits, and stability which limits...

  • Commodity-Supply Shock and Full-Employment Monetary Policy. Phelps, Edmund S. // Journal of Money, Credit & Banking (Ohio State University Press);May78, Vol. 10 Issue 2, p206 

    The article reports on the effect of commodity-supply shock and full-employment monetary policy in the U.S. The central bank can change their decision on monetary policy to be accommodating or not. Whether or not the central bank is accommodating can impact the risk assessment of wage setters...

  • Summary of Key Monetary Policy Variables.  // Bank of Canada Review;Winter2004/2005, p71 

    Presents a summary of key monetary policy variables by the Bank of Canada as of December 2004.

  • A Simple Empirical Measure of Central Banks' Conservatism. Levieuge, Gr├ęgory; Lucotte, Yannick // Southern Economic Journal;Oct2014, Vol. 81 Issue 2, p409 

    In this article we suggest a simple empirical and model-independent measure of Central Banks' Conservatism based on the Taylor curve. This new indicator can easily be extended in time and space, whatever the underlying monetary regime of the countries considered. We demonstrate that our measure...

  • MACROECONOMIC POLICIES AND ISSUES.  // OECD Economic Surveys: Mexico;Apr2002, Vol. 2002 Issue 7, p33 

    Reports on the monetary policy of Mexico. Framework of the Mexican monetary policy; Impact on inflation; Performance of the central bank.

  • Argentina: Inflation Data No Cause For Relief.  // Emerging Markets Monitor;8/14/2006, Vol. 12 Issue 18, p14 

    The article discusses the status of inflation in Argentina. The increase of consumer price inflation in July 2006 is reported. Meanwhile, the surge in inflation in 2005 was a result of the loose monetary policy of the Banco Central de la Republica Argentina in 2004. Moreover, it addresses the...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics