Recent failures of monetary and fiscal policy reflect deficiencies in prevailing theories of demand management. Taking available data into account, this book discusses the merits and shortcomings of Keynesian and monetarist approaches and develops the lines along which our theories need to be...

New bank regulations include macroprudential policies to control bank loan growth. We find bank funding costs and supervisory monitoring intensity to be the most important determinants of loan growth followed by loan portfolio performance and bank profitability. Bank capital and liquidity ratios...

This book explores the many ways that Congress makes economic decisions. 

Has the temporary tax credit for research and development encouraged industrial innovation? Is there a correlation between productivity and R&D spending? Should Congress make this tax credit permanent before it expires at the end of 1985?  

In No Way Out: Persistent Government Interventions in the Great Contraction, editor Vincent R. Reinhart brings together an array of professional and academic authors to generate a narrative of the 2007–08 financial crisis, its causes, and likely recurrences.

Food and Agricultural Policy for the 1980s, edited by D. Gale Johnson, consists of the proceedings of a conference on the agricultural legislation needed for the unfolding decade. 

An insider’s perspective on the bureaucratic structure of governmental institutions that shape economic policy, and the incentives and limitations of the individuals who head them.