Confidence, credibility, and macroeconomic policy : past, present, future / Richard C.K. Burdekin and Farrokh K. Langdana.

Includes bibliographical references (pages [187]-200) and index.

Foreword / Ruth Richardson -- 1. Fiscal policy, credibility and inflation: The critical role of confidence factors -- 2. Bond-financed deficits, taxation and expectations: An experimental test of the Ricardian equivalence theorem -- 3. Monetary credibility and national output: An experimental verification of the Lucas 'islands' explanation of business cycles -- 4. Public confidence and public finance during the American Civil War: Lessons from North and South -- 5. Deficit finance, expectations and real money balances: The operation of the inflation tax in Germany after the First World War -- 6. Does exchange rate pegging foster monetary credibility? The European Monetary System and the 1980s disinflation -- 7. Consumer confidence in today's macroeconomy: Definition, measurement and potential importance -- 8. Consumer confidence and the optimal timing of effective monetary stabilisation / Richard C. K. Burdekin, Farrokh K. Langdana and Giles Mellon.

9. Consumer confidence and domestic fiscal stabilisation / Richard C. K. Burdekin, Farrokh K. Langdana and Giles Mellon.