| 000 | 03934naaaa2200517uu 4500 | ||
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| 001 | https://directory.doabooks.org/handle/20.500.12854/77923 | ||
| 005 | 20220220091718.0 | ||
| 020 | _amitpress/10678.001.0001 | ||
| 020 | _a9780262333450 | ||
| 020 | _a9780262034623 | ||
| 024 | 7 |
_a10.7551/mitpress/10678.001.0001 _cdoi |
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| 041 | 0 | _aEnglish | |
| 042 | _adc | ||
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_aKCB _2bicssc |
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| 072 | 7 |
_aKCP _2bicssc |
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| 100 | 1 |
_aBlanchard, Olivier _4edt |
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| 700 | 1 |
_aRajan, Raghuram _4edt |
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| 700 | 1 |
_aRogoff, Kenneth _4edt |
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| 700 | 1 |
_aSummers, Lawrence H. _4edt |
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| 700 | 1 |
_aBlanchard, Olivier _4oth |
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| 700 | 1 |
_aRajan, Raghuram _4oth |
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| 700 | 1 |
_aRogoff, Kenneth _4oth |
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| 700 | 1 |
_aSummers, Lawrence H. _4oth |
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| 245 | 1 | 0 | _aProgress and Confusion : The State of Macroeconomic Policy |
| 260 |
_aCambridge _bThe MIT Press _c2016 |
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| 300 | _a1 electronic resource (312 p.) | ||
| 506 | 0 |
_aOpen Access _2star _fUnrestricted online access |
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| 520 | _aLeading economists consider the shape of future economic policy: will it resume the pre-crisis consensus, or contend with the post-crisis “new normal”? What will economic policy look like once the global financial crisis is finally over? Will it resume the pre-crisis consensus, or will it be forced to contend with a post-crisis “new normal”? Have we made progress in addressing these issues, or does confusion remain? In April of 2015, the International Monetary Fund gathered leading economists, both academics and policymakers, to address the shape of future macroeconomic policy. This book is the result, with prominent figures—including Ben Bernanke, John Taylor, and Paul Volcker—offering essays that address topics that range from the measurement of systemic risk to foreign exchange intervention. The chapters address whether we have entered a “new normal” of low growth, negative real rates, and deflationary pressures, with contributors taking opposing views; whether new financial regulation has stemmed systemic risk; the effectiveness of macro prudential tools; monetary policy, the choice of inflation targets, and the responsibilities of central banks; fiscal policy, stimulus, and debt stabilization; the volatility of capital flows; and the international monetary and financial system, including the role of international policy coordination. In light of these discussions, is there progress or confusion regarding the future of macroeconomic policy? In the final chapter, volume editor Olivier Blanchard answers: both. Many lessons have been learned; but, as the chapters of the book reveal, there is no clear agreement on several key issues. Contributors Viral V. Acharya, Anat R. Admati, Zeti Akhtar Aziz, Ben Bernanke, Olivier Blanchard, Marco Buti, Ricardo J. Caballero, Agustín Carstens, Jaime Caruana, J. Bradford DeLong, Martin Feldstein, Vitor Gaspar, John Geanakoplos, Philipp Hildebrand, Gill Marcus, Maurice Obstfeld, Luiz Awazu Pereira da Silva, Rafael Portillo, Raghuram Rajan, Kenneth Rogoff, Robert E. Rubin, Lawrence H. Summers, Hyun Song Shin, Lars E. O. Svensson, John B. Taylor, Paul Tucker, José Viñals, Paul A. Volcker | ||
| 540 |
_aCreative Commons _fby-nc-nd/4.0 _2cc _4http://creativecommons.org/licenses/by-nc-nd/4.0 |
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| 546 | _aEnglish | ||
| 650 | 7 |
_aMacroeconomics _2bicssc |
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| 650 | 7 |
_aPolitical economy _2bicssc |
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| 653 | _amacroeconomic policy | ||
| 653 | _asecular stagnation | ||
| 653 | _afinancial regulation | ||
| 653 | _asystemic risk | ||
| 653 | _amacroprudential policy | ||
| 653 | _amonetary policy | ||
| 653 | _afiscal policy | ||
| 653 | _acapital flows | ||
| 653 | _acapital controls | ||
| 653 | _aIMF | ||
| 653 | _acentral banks | ||
| 856 | 4 | 0 |
_awww.oapen.org _uhttp://mitpress.mit.edu/9780262034623 _70 _zDOAB: download the publication |
| 856 | 4 | 0 |
_awww.oapen.org _uhttps://directory.doabooks.org/handle/20.500.12854/77923 _70 _zDOAB: description of the publication |
| 999 |
_c78169 _d78169 |
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