Carnegie Mellon University
Browse

Fiscal and Monetary Policies

Download (116.66 kB)
journal contribution
posted on 1995-12-01, 00:00 authored by Allan MeltzerAllan Meltzer

Among the main issues to be discussed at these sessions, one is the response of the economy to fiscal policy, the tax and expenditure policies of governments. The size of that response has been greatly overstated by advocates of the so-called "new economics." A second issue is the response to monetary policy, decisions or policies affecting the stock of money by central banks such as the Federal Reserve System. The size of the response to monetary policy has been frequently understated.

History

Date

1995-12-01

Usage metrics

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC