{"product_id":"fiscal-and-monetary-policy-interaction-sergey-pekarski-9783639163285","title":"Fiscal and Monetary Policy Interaction","description":"The government and the central bank are interconnected by a consolidated public sector budget constraint: the operational deficit of the budget is financed by new borrowings and by seigniorage. This means that, even given the central bank's formal independence of the government, the former must nevertheless take into account problems in the fiscal sphere. Thus one of the fundamental problems in the analysis of macroeconomic policy is that of the interaction between the government and the central bank in conducting fiscal and monetary policies. The thesis continues this line of inquiry. It attempts to elucidate the most general problems which may in principle arise in describing the logic of this interaction. Various results pertain to the problems of macroeconomic policy in developed countries and in economies with undeveloped financial markets\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Sergey Pekarski\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 3639163281\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9783639163285\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e VDM Verlag\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 06\/28\/2009\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 176\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.59lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.41d","brand":"Sergey Pekarski","offers":[{"title":"Paperback","offer_id":48440358207743,"sku":"9783639163285","price":73.44,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_d39f7b13-39bd-47ce-9464-1ef42d229293.jpg?v=1777181918","url":"https:\/\/www.whiterainbookhouse.com\/products\/fiscal-and-monetary-policy-interaction-sergey-pekarski-9783639163285","provider":"WR Book House","version":"1.0","type":"link"}