Publications

Macroeconomic Policy after the Crisis What Have We Learned?

Type
Link
Cost
Paid
Published
2014

An excellent collection of combined insights of leading economics and economic policymakers from different global perspectives, this book contains discussions about slowly emerging contours of the macroeconomic future, while preventing recurrence of recessions. Top economists and policymakers have been forced to consider the lessons learned from the crisis and its aftermath, and consider previous beliefs stunned by these financial and economic crises. Among the topics covered in this collection includes traditional policy focus on inflation, macroprudential tools and their effectiveness, fiscal stimulus, public debt and fiscal consolidation, and exchange rate arrangements.

Table of Contents
Introduction: Rethinking Macro Policy II - Getting Granular
Part I: Monetary Policy

Part II: Macroprudential Policy

  • 5 Macroprudential Policy in Prospect
  • 6 Macroprudential Policy and the Financial Cycle: Some Stylized Facts and Policy Suggestions
  • 7 Macroprudential Policy in Action: Israel
  • 8 Korea’s Experiences with Macroprudential Policy

Part III: Financial Regulation

Part IV: Fiscal Policy

Part V: Exchange Rate Arrangements

Part VI: Capital Account Management

Part VII: Conclusions

  • 26 The Cat in the Tree and Further Observations: Rethinking Macroeconomic Policy II
  • 27 Rethinking Macroeconomic Policy
  • 28 Preventing the Next Catastrophe: Where Do We Stand?
  • 29 The Lessons of the North Atlantic Crisis for Economic Theory and Policy