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Nicola Acocella - The Theory of Economic Policy in a Strategic Context - 9781107023864 - V9781107023864
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The Theory of Economic Policy in a Strategic Context

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Description for The Theory of Economic Policy in a Strategic Context hardcover. A new unified theory of economic policy which responds to conflicts between strategic public and private policymakers. Num Pages: 363 pages, 16 b/w illus. 4 tables. BIC Classification: KCBM. Category: (P) Professional & Vocational. Dimension: 236 x 154 x 23. Weight in Grams: 644. 363 pages, 16 b/w illus. 4 tables. A new unified theory of economic policy which responds to conflicts between strategic public and private policymakers. Cateogry: (P) Professional & Vocational. BIC Classification: KCBM. Dimension: 236 x 154 x 23. Weight: 644.
In developing a new and highly innovative theory of economic policy, this book deals with conflicts between strategic actions by public and private agents. It builds on the Lucas critique but also applies the tools introduced by Tinbergen and Theil to dynamic policy games, and from there derives a new theory of economic policy. Its main propositions describe such properties in the models currently used for policy-making as neutrality and equilibrium existence, uniqueness, and multiplicity. These properties are key to understanding the impact of concepts such as rational expectations, time inconsistency, communication and the use of policy announcements. As the ... Read more

Product Details

Format
Hardback
Publication date
2012
Publisher
Cambridge University Press
Number of pages
363
Condition
New
Number of Pages
363
Place of Publication
Cambridge, United Kingdom
ISBN
9781107023864
SKU
V9781107023864
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-16

About Nicola Acocella
Nicola Acocella is Professor of Economic Policy at Università degli Studi di Roma 'La Sapienza', Italy. Giovanni Di Boartolomeo is Associate Professor of Economics at Università degli Studi di Teramo, Italy, where he is also Director of the postgraduate course in Management and Business Communication. Andrew Hughes Hallett is Professor of Economics and Public Policy at George Mason University, Virginia ... Read more

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