Restrictive monetary policy, implemented through open market operations, or increases in discount rates or reserve requirements, tends to raise interest rates, ...

16 сент. 2024 г. · Conclusion. The dialogue between Daniel Lacalle and Juan Castañeda made it clear that, in their view, the inflation we are experiencing today is ...

20 дек. 2023 г. · Classically liberal political economy highlights the importance of general, predictable, and nondiscriminatory rules for upholding the division ...

It is argued that monetary policy regimes are irreducibly political. They do not simply offer alternative approaches to macroeconomic management; policy regimes ...

11 нояб. 2016 г. · Liberals are thought to be more tolerant of change and producing it. Conservatives are thought to do the opposite. We saw the major conservative ...

1 авг. 2014 г. · Conservatives generally favor monetary policy as a stabilization tool, as they consider fiscal actions as synonymous with spending on wasteful ...

Economic liberals commonly adhere to a political and economic philosophy that advocates a restrained fiscal policy and a balanced budget through measures ...

According to partisan theory, left-wing governments would pressure for a more expansionary monetary policy aimed to boost employment at the costs of higher ...

The uuarkic and restrictive record of the thirties con- vinced most thoughtful people that the road to world economic progress lay in the opposite direction ...

Third, the monetary and exchange rate policy regime that emerged under neoliberalism is the „new monetary policy consensus‟ (NMPC), including inflation.