First published in 1983, this is the second of two volumes on the causes and cure of stagflation - that combination of mass unemployment and rapid inflation that is currently afflicting the mixed economies of the industrially developed world. This volume considers financial policies.

David Vines, Jan Maciejowski, James E., Meade

Part One Part One The Policy in Theory and Practice; Chapter 1 CHAPTER I Introduction; Chapter 2 CHAPTER II The Case for New Keynesian Demand Management; Chapter 3 CHAPTER III Three Financial Targets: Money Income, Balance of Payments and Investment Ratio; Chapter 4 CHAPTER IV Three Financial Weapons: Fiscal, Monetary and Foreign-Exchange Measures; Chapter 5 CHAPTER V The Marriage of Weapons and Targets; Chapter 6 CHAPTER VI Discretionary Interventions; Part two Part Two Rerunning History; Chapter 7 CHAPTER VII The Formulation and Historical Application of the Control Rules; Chapter 8 CHAPTER VIII Results of the Rerun; Part three Part Three Some Administrative Problems of Fiscal Control; Chapter 9 CHAPTER IX The Use of Indirect Taxes as a Regulator; Chapter 10 Chapter X The Use of Income Tax as a Regulator; Chapter 11 CHAPTER XI The Use of a Wages Tax as a Regulator; Part four Part Four The Derivation of Control Rules for Economic Policy; Chapter 12 CHAPTER XII Feedback Systems and Economic Policies; Chapter 13 CHAPTER XIII Frequency-Response Methods for Policy Design; Chapter 14 CHAPTER XIV The Design and Performance of New Keynesian Policies; APPENDIX A The Economic Model; APPENDIX B The Policy Rules Discussed in Chapter XIV; References Index;