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Rediscovering economic policy as a discipline / Nicola Acocella, Sapienza University of Rome.

By: Publisher: Cambridge, United Kingdom ; Cambridge University Press, 2018Description: xx, 404 pages ; 23 cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISBN:
  • 9781108470490 (hardback)
  • 9781108454919 (paperback)
Subject(s): DDC classification:
  • 338.9 .Ac185 2018
LOC classification:
  • HD87 .A2856 2018
Summary: Government interventions in market failures can encounter objections from those who doubt their efficacy. Acocella, a leading expert on economic policy, counters these unfounded criticisms, making the convincing case for the foundation, coordination and reach of government action through economic policy. Arguing for the governmental potential to devise democratic, fair and effective institutions and policies, this book also demonstrates the validity of the principles outlined by Frisch and Tinbergen, amongst others, for controlling the economy, in a strategic context, equivalent to the rational expectations assumption. Demonstrating how unconventional monetary policies (such as macro-prudential regulation, new fiscal rules, and new forms of international policy coordination) can offer an effective response to the multiplicity of current economic issues, the recent financial crisis arguably indicates that economic policy must once again take centre stage as the applied complement to mainstream economic theory." -- Amazon.com
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Item type Current library Collection Call number Status Date due Barcode
Print Materials Main Library General Circulation Non-fiction 338.9 .Ac185 2018 (Browse shelf(Opens below)) Available 0123867

Includes bibliographical references (pages 326-390) and indexes.

Government interventions in market failures can encounter objections from those who doubt their efficacy. Acocella, a leading expert on economic policy, counters these unfounded criticisms, making the convincing case for the foundation, coordination and reach of government action through economic policy. Arguing for the governmental potential to devise democratic, fair and effective institutions and policies, this book also demonstrates the validity of the principles outlined by Frisch and Tinbergen, amongst others, for controlling the economy, in a strategic context, equivalent to the rational expectations assumption. Demonstrating how unconventional monetary policies (such as macro-prudential regulation, new fiscal rules, and new forms of international policy coordination) can offer an effective response to the multiplicity of current economic issues, the recent financial crisis arguably indicates that economic policy must once again take centre stage as the applied complement to mainstream economic theory." -- Amazon.com

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