Sustaining Domestic Budget Deficits in Open Economics by Farrokh K. Langdana
Look inside with Google Book Preview
Sustaining Domestic Budget Deficits in Open Economics
By Farrokh K. Langdana

Sustaining Domestic Budget Deficits in Open Economics

By (author) See other recent books by Farrokh K. Langdana
Format: Hardback

Normal Price: $259.00
Your Price: $233.10 AUD, inc. GST
Shipping: $7.95 per order
You Save: $25.90! (10% off normal price)
Plus...earn $11.66 in Boomerang Bucks
Availability: Available Available, ships in 7-10 days



Sustaining Domestic Budget Deficits in Open Economics by Farrokh K. Langdana

Book Description

In recent times the US economy has been characterised by burgeoning budget and current account deficits and increasing amounts of foreign capital inflows. For the UK too, the budget deficit remains a central weakness in the economy. In the light of these problems this book presents a consistent economic framework for analysing the effects and implications of large bond-financed deficits. The author uses an open-economy rational expectations model to explore to what extent governments can simply 'roll-over' debt by issuing more bonds without any help from the monetary authority. He examines too, the impact of foreign capital on the sustainability of domestic budget deficits the behaviour of exchange rates and the possible effects of fiscal and monetary policies. This model is placed in the context of the major economic orthodoxies and their competing stances and also of American monetary history from Truman to Reagan and the crash of 1987. Focusing attention on a major problem in macroeconomics and for the chancellors of a number of economies, the book makes an important contribution to the understanding of this complex area.

Buy Sustaining Domestic Budget Deficits in Open Economics book by Farrokh K. Langdana from Australia's Online Bookstore, Boomerang Books.


Book Details

ISBN: 9780415037358
ISBN-10: 0415037352
Format: Hardback
(216mm x 138mm x 21mm)
Pages: 224
Imprint: Routledge
Publisher: Taylor & Francis Ltd
Publish Date: 7-Dec-1989
Country of Publication: United Kingdom

Books By Author Farrokh K. Langdana

Macroeconomic Policy by Farrokh K. Langdana Macroeconomic Policy, Hardback (August 2016)

Designed to provide a hands-on approach to analyzing the effects of fiscal and monetary policies, the third edition is updated to give an understanding of the post-financial crisis economy and the subprime crisis, and discussing monetary policies enacted in its wake, such as quantitative easing, tapering, carry trades, CMOs and monetization.

Confidence, Credibility and Macroeconomic Policy by Farrokh K. Langdana Confidence, Credibility and Macroeconomic Policy, Paperback (December 2014)

First published in 1995. Routledge is an imprint of Taylor & Francis, an informa company.

» View all books by Farrokh K. Langdana

Reviews

» Have you read this book? We'd like to know what you think about it - write a review about Sustaining Domestic Budget Deficits in Open Economics book by Farrokh K. Langdana and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)

Write a book review


Boomerang Bucks close

For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.

Recent books by Farrokh K. Langdana close
Macroeconomic Policy by Farrokh K. Langdana
Confidence, Credibility and Macroeconomic Policy by Farrokh K. Langdana
Confidence, Credibility and Macroeconomic Policy by Farrokh K. Langdana
»
BoomerangBooks.com.au close