Structural Reform and Economic Policy (International Economic Association)

✍ Scribed by Robert M. Solow

• Year: 2005
• Tongue: English
• Leaves: 185
• Category: Library

✦ Synopsis

The relation between structural reform and macroeconomic policy underlies the widespread perception that the large European economies have under-performed in the past decade in comparison both with their own standards and with the contemporaneous performance of the United States. This book, edited by Noel Laureate Robert M. Solow, provides analyses of how these economies could take a coordinated and simultaneous approach to reform in labor and product markets and the demand side.

✦ Table of Contents

Cover......Page 1
Contents......Page 6
The International Economic Association......Page 8
Acknowledgements......Page 10
List of Contributors......Page 13
List of Abbreviations and Acronyms......Page 14
1 Introduction......Page 16
2 Structural Reforms and the Macroeconomy: The Role of General Equilibrium Effects......Page 24
3 Is Fiscal Policy Possible? Is It Desirable?......Page 38
4 Institutional Interactions in Open Economies: Implications for EMU......Page 56
5 Structural Reforms in Labour and Product Markets and Macroeconomic Performance in the European Union......Page 82
6 Structural Reforms Addressed to the Labour Market and Macroeconomic Policies......Page 112
7 Macroeconomic Fluctuations and the Timing of Labour-Market Reform......Page 134
8 Debt, Deflation and Declining Growth: New Challenges to the Japanese Economy......Page 146