| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1792 |
| DP1792 The Design of Optimal Education Policies | |
| Gianni De Fraja | |
| 发表日期 | 1998-01-31 |
| 出版年 | 1998 |
| 语种 | 英语 |
| 摘要 | This paper surveys the recent literature on the theory of macroeconomic policy. We study the effect of various incentive constraints on the policy-making process, such as lack of credibility, political opportunism, political ideology, and divided government. The survey is organized in three parts. Part I deals with monetary policy in a simple Phillips curve model, and focuses on credibility, political business cycles, and optimal design of monetary institutions. Part II deals with fiscal policy in a dynamic general equilibrium set up; the main topics covered in this section are credibility of tax policy, and political determinants of budget deficits. Part III studies economic growth in models with endogenous fiscal policy. |
| 主题 | International Macroeconomics |
| 关键词 | Budget deficits Credibility Fiscal policy monetary policy Politics |
| URL | https://cepr.org/publications/dp1792 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530935 |
| 推荐引用方式 GB/T 7714 | Gianni De Fraja. DP1792 The Design of Optimal Education Policies. 1998. |
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