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Licensed Unlicensed Requires Authentication Published by Harvard University Press 1990

6. Intertemporal Substitution and the Business Cycle

From the book Macroeconomic Policy

https://doi.org/10.4159/harvard.9780674418950.c8
From the book
Macroeconomic Policy
Macroeconomic Policy

Chapters in this book (17)

Frontmatter
Contents
Introduction
PART I. Rules versus Discretion
1. Developments in the Theory of Rules versus Discretion
2. A Positive Theory of Monetary Policy in a Natural Rate Model
3. Rules, Discretion, and Reputation in a Model of Monetary Policy
4. Inflationary Finance under Discretion and Rules
5. Reputation in a Model of Monetary Policy with Incomplete Information
PART II. Money and Business Fluctuations
6. Intertemporal Substitution and the Business Cycle
7. Time-Separable Preferences and Intertemporal-Substitution Models of Business Cycles
8. Interest-Rate Targeting
PART III. Fiscal Policy
9. The Ricardian Approach to Budget Deficits
10. U.S. Deficits since World War I
11. On the Predictability of Tax-Rate Changes
12. Output Effects of Government Purchases
13. Government Spending, Interest Rates, Prices, and Budget Deficits in the United Kingdom, 1701–1918
Index
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