Towards a new theory of economic policy: Continuity and innovation

This paper outlines the evolution of the theory of economic policy from the classical contributions of Frisch, Hansen, Tinbergen and Theil to situations of strategic interaction. Andrew Hughes Hallett has taken an active and relevant part in this evolution, having contributed to both the development and recent rediscovery of the classical theory, with possible relevant applications for model building.

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Year of publication:	2007-06
Authors:	Nicola, Acocella ; Giovanni, Di Bartolomeo
Institutions:	Department of Communication, University of Teramo
Subject:	policy games \| policy effectiveness \| controllability \| equilibrium existence

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Extent:	application/pdf
Series:	wp.comunite.
Type of publication:	Book / Working Paper
Language:	English
Classification:	C72 - Noncooperative Games ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; E61 - Policy Objectives; Policy Designs and Consistency; Policy Coordination
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005449328