Macroeconomic Policy after the Crisis What Have We Learned?

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

• 1 Many Targets, Many Instruments: Where Do We Stand?
• 2 Monetary Policy, the Only Game in Town?
• 3 Monetary Policy during the Crisis: From the Depths to the Heights
• 4 Monetary Policy Targets after the Crisis
  

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

• 9 Everything the IMF Wanted to Know about Financial Regulation and Wasn’t Afraid to Ask
• 10 Regulating Large Financial Institutions
• 11 The Contours of Banking and the Future of Its Regulation
• 12 Banking Reform in Britain and Europe
• 13 Leverage, Financial Stability, and Deflation
  

Part IV: Fiscal Policy

• 14 Defining the Reemerging Role of Fiscal Policy
• 15 Fiscal Policy in the Shadow of Debt: Surplus Keynesianism Still Works
• 16 Fiscal Policies in Recessions
• 17 Fiscal Policy
  

Part V: Exchange Rate Arrangements

• 18 How to Choose an Exchange Rate Arrangement
• 19 Rethinking Exchange Rate Regimes after the Crisis
• 20 Exchange Rate Arrangements: Spain and the United Kingdom
• 21 Exchange Rate Arrangements: The Flexible and Fixed Exchange Rate Debate Revisited
  

Part VI: Capital Account Management

• 22 Capital Account Management: Toward a New Consensus?
• 23 Capital Flows and Capital Account Management
• 24 Managing Capital Inflows in Brazil
• 25 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