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Paperback Macroeconomic Policies of Developed Democracies Book

ISBN: 0521004411

ISBN13: 9780521004411

Macroeconomic Policies of Developed Democracies

(Part of the Cambridge Studies in Comparative Politics Series)

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Book Overview

This book synthesizes and extends modern political-economic theory to explain the postwar evolution of macroeconomic policy in developed democracies. Chapters 2-4 study transfers, debt, and monetary/wage policy-making and outcomes, stressing that participation enhances transfer-policy responsiveness to inequality and vice versa, that policy-making veto actors retard fiscal-policy adjustments, inducing greater long-run debt-responses to all other political-economic...

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