MACROECONOMIC POLICIES IN INDUSTRIALIZED COUNTRIES

Author(s): GABRIELA BOBORA
Journal: Analysis and Metaphysics
ISSN: 1584-0778
Year: 2005
Volume: 4
Issue: 2
Full text: http://www.denbridgepress.com/am_abstract.php?a=53
Publisher: Denbridge Press - New York
Abstract: Menger develops a table showing assumed cardinal values for the declining marginal utilities of ten economic goods as envisioned by some economic man. Montiel argues that while macroeconomic policies in Indus- trialized countries often relate to business cycle developments, policy makers in emerging economies are compelled to spend much more time on irregular episodes of financial instability.