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Arthur Okun’s Contribution to the Macoeconomic Policy Debates in the 1970s

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  • Lodewijks, J.

    (University of New South Wales, kensington, NSW)

Abstract

This paper examines the policy views of a prominent American Keynesian, Arthur Okun. An account is given of what Okun actually said on stabilisation policy and the need for a wage-price policy by using his testimonies before Congressional Committees. It is concluded that Okun was an advocate of a particular approach to promoting anti-inflation and pro-employment policies and was able to communicate these ideas to those actually concerned with public policy formation.

Suggested Citation

  • Lodewijks, J., 1989. "Arthur Okun’s Contribution to the Macoeconomic Policy Debates in the 1970s," Economic Analysis and Policy, Elsevier, vol. 19(2), pages 141-166.
  • Handle: RePEc:eee:ecanpo:v:19:y:1989:i:2:p:141-166
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