Fiscal policy is still an effective instrument of macroeconomic policy
Recent developments in macroeconomics and macroeconomic policy, what has come to be known as “New Consensus in Macroeconomics”, downgrades the role of fiscal policy and upgrades that of monetary policy. This contribution aims to consider this particular contention by focusing on fiscal policy. We...
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| Format: | Article |
| Language: | English |
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Economists' Association of Vojvodina
2011-01-01
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| Series: | Panoeconomicus |
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| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2011/1452-595X1102143A.pdf |