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Published July 1992 | public
Journal Article

Rules, Discretion, and Accountability in Macroeconomic Policymaking

Abstract

Arguments for rules rather than discretion in macroeconomic policymaking facilitate the understanding of some fundamental issues of democratic theory. This article reviews four such arguments, and relates them to issues of delegation and accountability in representative government.

Additional Information

© 1992 Wiley.

Additional details

Created:
August 20, 2023
Modified:
October 17, 2023