We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Policy Forum: Macroeconomic Policies and the Business Cycle: Evidence and Recommendations.
- Authors
Castelnuovo, Efrem
- Abstract
This issue of the I Policy Forum i focuses on a theme that has become dominant in policymakers' agenda since the global financial crisis: the role of monetary and fiscal policies in stimulating consumption, supporting the business cycle, stabilising inflation expectations, and influencing consumer and business confidence. Last but not least, Stephen Kirchner (United States Studies Centre, University of Sydney) empirically investigates 'The Effect of Changes in Monetary Policy on Consumer and Business Confidence' in Australia. While many macroeconomic indicators are significantly correlated with both measures, changes in the official cash rate are found to impact mostly consumer sentiment, while business confidence is much less sensitive to such variations.
- Subjects
BUSINESS cycles; GOVERNMENT policy; FORUMS; INTEREST rates; INCOME
- Publication
Australian Economic Review, 2020, Vol 53, Issue 1, p93
- ISSN
0004-9018
- Publication type
Article
- DOI
10.1111/1467-8462.12363