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Ambitious growth and employment goals can be met only with the full range of macroeconomic policy instruments, including public investment and expansionary fiscal measures, to create strong domestic demand and a favourable investment climate.
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Sargent and Sims independently studied the relationship between the economy and policy instruments, and have developed what the Nobel Committee describes as "essential tools in macroeconomic analysis".
Or take macroeconomic policy.
First, macroeconomic policy.
That is sensible macroeconomic policy.
Politics was stable, macroeconomic policy sound.
Immigration policy shouldn't set macroeconomic policy.
Finally, macroeconomic policy makes a difference.
The president's strongest card is macroeconomic policy (see chart).
But it also comes from fortuitously good macroeconomic policy.
Macroeconomic policy should be used to fight inflation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com