MACROECONOMIC POLICIES IN INDUSTRIALIZED COUNTRIES
GABRIELA BOBORAABSTRACT. Menger develops a table showing assumed cardinal values for the declining marginal utilities of ten economic goods as envisioned by some economic man. Montiel argues that while macroeconomic policies in Indus- trialized countries often relate to business cycle developments, policy makers in emerging economies are compelled to spend much more time on irregular episodes of financial instability.