Download or read book Current Thinking on Fiscal Policy written by Jerome Creel and published by Palgrave MacMillan. This book was released on 2009 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops current thinking on fiscal policy, emphasizing the role which it can play in macroeconomic policy and challenging the view that macroeconomic policy should rely solely on monetary policy. It improves the 'new consensus in macroeconomics'. It matches fiscal theory to fiscal practice. It rethinks fiscal policy in an unstable world. This book offers theoretical insights in defence of fiscal policy as a valid macroeconomic instrument