pol文档新icy(宏观经济学-加州大学-詹姆斯·布拉德福特·.pptVIP

CHAPTER 13 Stabilization Policy Questions What principles should guide stabilization policy? What aspects of stabilization policy do economists argue about today? Is monetary policy or fiscal policy more effective as a stabilization policy? How does uncertainty affect the way stabilization policy should be made? Questions How long are lags associated with stabilization policy? Is it better for stabilization policy to be conducted according to fixed rules or to be conducted by authorities with substantial discretion? Government Policy There are two kinds of government policy fiscal policy s