Abstract
Over the last 30 years or so the developments in the area of monetary and macroeconomic policies have been quite substantial. Within the new consensus macroeconomics (NCM), monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. There are a number of aspects relating to this new monetary and macroeconomic policy approach. It is the intention of this edited book to focus on some of these developments, as we try to show in this introduction.
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References
Hein, E., Heise, A., Truger, A. (eds) (2006) European Economic Policies — Alternatives to Orthodox Analysis and Policy Concepts (Marburg: Metropolis).
Hein, E., Truger, A. (eds) (2007) Money, Distribution and Economic Policy: Alternatives to Orthodox Macroeconomics (Cheltenham: Edward Elgar).
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© 2007 Philip Arestis, Eckhard Hein and Edwin Le Heron
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Arestis, P., Hein, E., Le Heron, E. (2007). Introduction. In: Arestis, P., Hein, E., Le Heron, E. (eds) Aspects of Modern Monetary and Macroeconomic Policies. Palgrave Macmillan, London. https://doi.org/10.1057/9780230627345_1
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DOI: https://doi.org/10.1057/9780230627345_1
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-28354-5
Online ISBN: 978-0-230-62734-5
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)