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

Acocella, Nicola, 1939-
Call Number
338.9
Author
Acocella, Nicola, 1939- author.
Title
Rediscovering economic policy as a discipline / Nicola Acocella, Sapienza University of Rome.
Physical Description
1 online resource (xx, 404 pages) : digital, PDF file(s).
Series
Federico Caffè lectures
Notes
Title from publisher's bibliographic system (viewed on 25 Jul 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.
Subject
ECONOMIC POLICY.
ECONOMICS.
Multimedia
Total Ratings: 0
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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.
Notes
Title from publisher's bibliographic system (viewed on 25 Jul 2018).
Subject
ECONOMIC POLICY.
ECONOMICS.
Multimedia