The Reform of Macroeconomic Policy

From Stagflation to Low or Zero Inflation

  • J. O. N. Perkins

Table of contents

About this book


This book discusses ways to improve macroeconomic policy in the context of the various macroeconomic problems of the past two decades, with the chapters having been written at various times over that period. It emphasises the need to find the best combinations of monetary policy and different forms of taxation and government outlays to achieve high employment and low inflation. There is a concluding chapter discussing the special problems that arise when inflation has become low, zero or even negative.


economic policy Government Inflation macroeconomics monetary policy Stagflation taxation

Authors and affiliations

  • J. O. N. Perkins
    • 1
  1. 1.University of MelbourneAustralia

Bibliographic information