Quantitative Economic Policy

Essays in Honour of Andrew Hughes Hallett

ISBN: 978-3-540-74683-6 (Print) 978-3-540-74684-3 (Online)

Table of contents (16 chapters)

  1. Front Matter

    Pages i-xviii

  2. Optimal policy design in interdependent economies

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      Book Chapter

      Pages 1-14

      Quantitative Economic Policy — Theory and Applications: Introduction and Overview

  3. Theory of Quantitative Economic Policy

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      Book Chapter

      Pages 15-34

      Towards a New Theory of Economic Policy: Continuity and Innovation

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      Book Chapter

      Pages 35-49

      If the Representative Agent is Used, Should He Be Believed? Aggregation, Welfare and the Role of Microfoundations in Quantitative Economic Policy

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      Book Chapter

      Pages 51-101

      Time Consistency, Subgame Perfectness, Solution Concepts and Information Patterns in Dynamic Models of Stabilization Policies

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      Book Chapter

      Pages 103-136

      Models of Endogenous Coalition Formation Between Fiscal and Monetary Authorities in the Presence of a Monetary Union

  4. Fiscal Policy

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      Book Chapter

      Pages 137-155

      Fiscal Federalism, Risk Sharing and the Persistence of Shocks

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      Book Chapter

      Pages 157-184

      Debating Fiscal Federalism in EMU: Plus ça change...

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      Pages 185-207

      A Common Election Day for Euro-Zone Member States?

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      Pages 209-220

      Automatic Stabilisers and Budget Rules

  5. Monetary Policy

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      Book Chapter

      Pages 221-240

      Domestic and International Determinants of the Bank of England’s Liquidity Ratios during the Classical Gold Standard, 1876–1913: An Econometric Analysis

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      Book Chapter

      Pages 241-259

      On the Transmission Mechanism of Monetary Policy

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      Book Chapter

      Pages 261-273

      From the EMS to EMU: Has There Been Any Change in the Behaviour of Exchange Rate Correlation?

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      Book Chapter

      Pages 275-291

      Optimum Monetary Policy during Monetary Union Enlargement

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      Book Chapter

      Pages 293-308

      When the Dollar Falls

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      Book Chapter

      Pages 309-336

      Monetary Policy in a Small Open Economy with High Unemployment

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      Book Chapter

      Pages 337-363

      Uncertainties Surrounding Natural Rate Estimates in the G7

  6. Back Matter

    Pages 365-377