Economists need not only to have a clear idea of which instruments are most efficient and how their impacts can be evaluated ex post. Economists also need to understand why policymakers and voters sometimes oppose the use of such instruments. This is the focus of the CESifo Workshop on...

The course consists of several distinct, but interconnected lectures: · Lecture 1. Simple Models of Policy Interactions: Some Monetary Doctrines · Lecture 2. Fiscal Theory of the Price Level · Lecture 3. Policy Interactions with Tax Distortions · Lecture 4. Fiscal Limits · Lecture 5. Policy...