Budget deficits and macroeconomic policy

By:

Perkins, J. O. N

Material type: Text

TextPublication details: London; Macmillan; 1997Description: 170 pISBN:

333656601

Subject(s):

Budget deficits

DDC classification:

339.523 PER

Summary: Discussions of macroeconomic policy often focus on changes in the budget deficit. A low budget deficit is one of the criteria for admission to the EMU. But some combinations of fiscal measures having a given effect on the budget deficit can have damaging effects on the principal macroeconomic objectives such as inflation and full employment, whereas other combinations will not. This is illustrated by using results from simulations for various OECD countries.

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Books	Gandhi Smriti Library	339.523 PER (Browse shelf(Opens below))	Available		81087

Total holds: 0

Discussions of macroeconomic policy often focus on changes in the budget deficit. A low budget deficit is one of the criteria for admission to the EMU. But some combinations of fiscal measures having a given effect on the budget deficit can have damaging effects on the principal macroeconomic objectives such as inflation and full employment, whereas other combinations will not. This is illustrated by using results from simulations for various OECD countries.

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