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The Optimal Level and Disposition of Saving and the Mix of Monetary and Fiscal Policy in Intermediate Macroeconomics

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  • Ian M. McDonald

Abstract

The optimal level of saving and its optimal disposition between investment in the domestic capital stock and the accumulation of overseas assets should be an important topic in intermediate macroeconomics courses. This article shows how the analysis of this topic can be presented to students.

Suggested Citation

  • Ian M. McDonald, 1996. "The Optimal Level and Disposition of Saving and the Mix of Monetary and Fiscal Policy in Intermediate Macroeconomics," The Journal of Economic Education, Taylor & Francis Journals, vol. 27(2), pages 170-192, April.
    • Handle: RePEc:taf:jeduce:v:27:y:1996:i:2:p:170-192
    DOI: 10.1080/00220485.1996.10844906
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    References listed on IDEAS

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    1. J. Bradford DeLong & Lawrence H. Summers, 1988. "How Does Macroeconomic Policy Affect Output?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 19(2), pages 433-494.
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