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Palgrave Macmillan
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Macroeconomic Policy and Economic Interdependence

  • Book
  • © 1989

Overview

Editors:
  1. Donald R. Hodgman

    1. University of Illinois, United States

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    You can also search for this editor in PubMed   Google Scholar

  2. Geoffrey E. Wood

    1. The City University, London, United Kingdom

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    You can also search for this editor in PubMed   Google Scholar

Part of the book series: Studies in Banking and International Finance (SBIF)

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Table of contents (10 chapters)

  1. Front Matter

    Pages i-xx
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  2. Country Studies

    1. Front Matter

      Pages 1-1
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    2. Recent Evolution of Financial Structures and Monetary Policy in France

      • Didier Bruneel
      Pages 3-61

    3. Italian Monetary and Foreign Exchange Policy

      • Donald R. Hodgman, Robert W. Resek
      Pages 62-86

    4. Fiscal Deficits, Interest Rates and Monetary Policy in West Germany

      • Manfred Willms
      Pages 87-108

    5. Prices and Price Controls: Are Price Controls a Policy Instrument?

      • Forrest Capie, Mahmood Pradhan, Geoffrey E. Wood
      Pages 109-138

  3. Macroeconomic Policy Interdependence

    1. Front Matter

      Pages 139-139
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    2. US Fiscal Deficits and the Foreign Exchange Value of the US Dollar

      • Robert Z. Aliber
      Pages 141-157

    3. Policy Interdependence: Does Strategic Behaviour Pay? An Empirical Investigation Using the Liverpool World Model

      • Matthew B. Canzoneri, Patrick Minford
      Pages 158-179

    4. The Role of Exchange Rate Movements in Transmitting International Disturbances

      • James M. Boughton, Richard D. Haas, Paul R. Masson
      Pages 180-213

  5. Back Matter

    Pages 327-331
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Keywords

About this book

The contributors examine the conduct and consequences of national macroeconomic policy in a world of economically independent countries. The book's main themes include the effect of deregulation and financial innovation and of budget deficits on monetary policy, the role of exchange rates in the international transmission of disturbances of a monetary or fiscal origin, the effectiveness of price controls in moderating the economic cost of deflationary maroeconomic policies and the implications of cooperative versus non-cooperative approaches to policy under conditions of economic interdependence.

Editors and Affiliations

  • University of Illinois, United States

    Donald R. Hodgman

  • The City University, London, United Kingdom

    Geoffrey E. Wood

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