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Select Stabilization Policy Issues

In: Global Imbalances, Exchange Rates and Stabilization Policy

Author

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  • Anthony J. Makin

Abstract

This chapter examines two issues of relevance to macroeconomic stabilization policy, one relating to monetary policy, the other to fiscal policy. The first concerns the impact of unexpected inflation on domestic borrowers and lenders in the economy and what this implies for the conduct of monetary policy.

Suggested Citation

  • Anthony J. Makin, 2009. "Select Stabilization Policy Issues," Palgrave Macmillan Books, in: Global Imbalances, Exchange Rates and Stabilization Policy, chapter 10, pages 163-180, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-25075-8_10
    DOI: 10.1057/9780230250758_10
    as

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