Social learning and macroeconomic policy in Britain
Social learning and macroeconomic policy in Britain
复制标题
英国的社会学习和宏观经济政策
DOI:
10.1017/s0143814x01001076
复制
发表时间:
2001
影响因子:
2.4
通讯作者:
I. Greener
中科院分区:
文献类型:
--
作者:
I. Greener
This paper examines the social learning models of policy of Hall and May attempting to create a synthesis of the best elements of each. We then apply the revised model to three specific instances of macroeconomic policy in Britain; the introduction of ‘Keynesian-plus’ policy in the 1960s, the movement from Keynesianism to monetarism, and the experiment with monetarism in the 1980s. In each case study, the degree of policy change is assessed, and possible reasons for that level of change explored. We conclude that a more social constructionist approach is required to understand the link between policy instruments, indicators, and paradigms, and, alongside this, a greater need to understand the implications of the assumptions underlying policy.