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World finance and economic stability : selected essays of James Tobin

Tobin, James - 2003

Nobel Prize winner James Tobin has made outstanding contributions to modern macroeconomics. In this final collection of his work he examines the economic policies of the United States and its relations with other major economies after 1990. In James Tobin's view, the welfare of populations...

Persistent link: https://www.econbiz.de/10011851797

Fiscal policy in economic and monetary union : theory, evidence, and institutions

Buti, Marco - 2006

This book explores the origins, rationale, problems and prospects of the European fiscal policy framework. It provides the reader with a roadmap to EMU's budgetary framework by exploring its theoretical and empirical foundations, uncovering its historical roots and emphasising its supranational...

Persistent link: https://www.econbiz.de/10011852061

Monetary policy frameworks for emerging markets

Prasad, Eswar S. (contributor); Hammond, Gill (contributor); … - 2009

Financial globalization has made monetary policy formulation in emerging market economies increasingly complicated. This timely set of studies looks at the turmoil in global financial markets, which coupled with volatile inflation poses serious challenges for central banks in these countries....

Persistent link: https://www.econbiz.de/10011851216

Long-run growth and short-run stabilization : essays in memory of Albert Ando

Ando, Albert (contributor); … - 2006

There is much confusion in the economics literature on wage determination and the employment-inflation trade-off. Few model builders pay as much careful attention to the definition and meaning of long-run concepts as did Albert Ando. Expanding on years of painstaking work by Ando, the...

Persistent link: https://www.econbiz.de/10011851839

Growth and cohesion in the European Union : the impact of macroeconomic policy

Mitchell, William (ed.); Muysken, Joan (ed.); … - 2006

This book is a critical review of current fiscal and monetary policy in Europe and presents results of both empirical research and a discussion of the theoretical framework behind the policy of the European Central Bank and the Stability and Growth Pact. Macroeconomic policy is often hotly...

Persistent link: https://www.econbiz.de/10014474007

Reinventing functional finance : transformational growth and full employment

Nell, Edward J. (contributor); Forstater, Mathew (contributor) - 2003

This ambitious book seeks both to revive and revise the idea of 'functional finance'. Followers of this doctrine believe that government budgets should concentrate solely on their macroeconomic impact on the economy, rather than reflecting a concern for sound finance and budgetary discipline....

Persistent link: https://www.econbiz.de/10011852035

Fiscal sociology and the theory of public finance : an exploratory essay

Wagner, Richard E. - 2007

Contrasting architectonics for a theory of public finance -- Property, state and public finance -- State and market : a … as a polycentric process of interaction, just as is a market economy. The theory of markets and the theory of public …

Persistent link: https://www.econbiz.de/10012420096

A dynamic theory of taxation : integrating Kalecki into modern public finance

Laramie, Anthony J. - 2000

stability without affecting income equality. Immediately following the publication of Keynes's General Theory, Kalecki … recognized that the theory of tax had to be re-thought, as aggregate income could no longer be thought of as fixed with respect … without having a negative impact on equity. They incorporate Kalecki's theory of tax incidence into an analysis of income …

Persistent link: https://www.econbiz.de/10014473969

Monetary integration and dollarization : no panacea

Vernengo, Matías (contributor) - 2005

This book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly,...

Persistent link: https://www.econbiz.de/10011850704

Financial and monetary integration in the new Europe : convergence between the EU and Central and Eastern Europe

Mullineux, Andrew W. (contributor); … - 2001

Potential new entrants to the European Union from Central and Eastern European countries face many challenges to achieve financial convergence with the existing EU nations. Using detailed case studies from Bulgaria, the Czech Republic, Latvia, Lithuania and Poland and analysis of cross country...

Persistent link: https://www.econbiz.de/10011850773