The Treasury and the New Cambridge School in the 1970s

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The Treasury and the New Cambridge School in the 1970s

Show simple item record Maloney, John en_GB 2010-11-04T15:10:11Z en_GB 2011-01-25T10:25:10Z en_US 2013-03-19T15:52:45Z 2010 en_GB
dc.description.abstract With the release of Treasury papers from the 1970s under the 30-year rule we have a much more complete picture of the dispute in the 1970s between the Treasury and the Cambridge Economic Policy Group, especially given the role of three Cambridge economists -- Nicholas Kaldor, Wynne Godley and Francis Cripps – as ministerial advisers at the time. The records show the Treasury and the CEPG eventually meeting near the middle regarding the latter’s proposition of stable private-sector NAFA (Net Acquisition of Private Sector Assets) and its implications for demand management and the balance of payments. By contrast, the initial differences on counter-inflation policy and, above all, on import controls versus free trade were wider at the end of the decade than at the start of it. en_GB
dc.identifier.citation Camb. J. Econ. (2012) 36 (4): 997-1017. en_US
dc.identifier.doi 10.1093/cje/ber046 en_US
dc.identifier.uri en_GB
dc.language.iso en en_GB
dc.publisher Oxford University Press en_GB
dc.relation.ispartofseries en_GB
dc.relation.ispartofseries 10/08 en_GB
dc.relation.url en_GB
dc.subject Treasury en_GB
dc.subject Cambridge Economic Policy Group en_GB
dc.subject Forecasting en_GB
dc.subject inflation en_GB
dc.subject imports en_GB
dc.title The Treasury and the New Cambridge School in the 1970s en_GB
dc.type Article en_GB 2010-11-04T15:10:11Z en_GB 2011-01-25T10:25:10Z en_US 2013-03-19T15:52:45Z
dc.identifier.issn 1473 – 3307 en_GB
dc.identifier.issn 0309-166X en_US
dc.contributor.advisor en_US
dc.description Pre-print issued as discussion paper by University of Exeter. The article has been accepted for publication in Cambridge Journal of Economics © The Author 2012. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved. en_GB
dc.identifier.eissn 1464-3545 en_US
dc.identifier.journal Cambridge Journal of Economics en_US

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