Arestis, P. and Sawyer, M. orcid.org/0000-0002-4565-5276 (2023) Reflections on Aspects of Macroeconomic Policies in the Spirit of Geoff Harcourt. Review of Political Economy. ISSN 0953-8259
Abstract
This article opens with some remarks on Geoff Harcourt’s thoughts on macroeconomic policies (broadly conceived). This is followed by comments on some recent developments within the scope of fiscal policy. The article moves on to aspects of monetary policy and central banks, with particular reference to the ‘independence’ of central banks and inflation targeting. There are then relatively brief discussions on three policy areas on which policies pursued by the central banks have some, albeit often limited, impacts, namely, financial stability, inequality, and climate change and environmental damage. The article considers alternative approaches to controlling inflation in view of the failures of the inflation targeting regime (and Geoff’s interest in incomes policy).
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2023 The Author(s). This is an open access article under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (CC-BY-NC-ND 4.0). |
Keywords: | Geoff Harcourt; fiscal policy; monetary policy; inflation |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Economics Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 28 Nov 2023 10:33 |
Last Modified: | 28 Nov 2023 10:33 |
Status: | Published online |
Publisher: | Taylor and Francis Group |
Identification Number: | 10.1080/09538259.2023.2211949 |
Related URLs: | |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:205991 |
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