LEADER 05490oam 2200817K 450 001 9910530734103321 005 20201030121730.0 010 $a1-4843-7875-X 010 $a0-262-32344-3 024 7 $a10.5089/9780262027342.071 035 $a(CKB)3710000000111550 035 $a(EBL)3339811 035 $a(SSID)ssj0001196419 035 $a(PQKBManifestationID)12396019 035 $a(PQKBTitleCode)TC0001196419 035 $a(PQKBWorkID)11165679 035 $a(PQKB)11181549 035 $a(Au-PeEL)EBL3339811 035 $a(CaPaEBR)ebr10872341 035 $a(CaONFJC)MIL611354 035 $a(OCoLC)880147689 035 $a(MiAaPQ)EBC3339811 035 $a(oapen)https://directory.doabooks.org/handle/20.500.12854/77911 035 $a(OCoLC)880147689$z(OCoLC)882259665$z(OCoLC)958391396$z(OCoLC)1124558073 035 $a(OCoLC-P)880147689 035 $a(MaCbMITP)10005 035 $a(PPN)220189048 035 $a(EXLCZ)993710000000111550 100 $a20140519h20142014 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aWhat have we learned? $emacroeconomic policy after the crisis /$fedited by George Akerlof, Olivier Blanchard, David Romer, and Joseph Stiglitz 210 1$a[Washington, D.C.] :$cInternational Monetary Fund ;$aCambridge, Massachusetts :$cThe MIT Press,$d[2014] 210 4$dİ2014 215 $a1 online resource (369 p.) 300 $aDescription based upon print version of record. 311 $a0-262-52985-8 311 $a0-262-02734-8 320 $aIncludes bibliographical references at the end of each chapters and index. 327 $aContents; Introduction: Rethinking Macro Policy II-Getting Granular; 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; 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; III Financial Regulation 327 $a9 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; 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; V Exchange Rate Arrangements; 18 How to Choose an Exchange Rate Arrangement 327 $a19 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; 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; 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? 327 $a29 The Lessons of the North Atlantic Crisis for Economic Theory and PolicyContributors; Index 330 3 $aSince 2008, economic policymakers and researchers have occupied a brave new economic world. Previous consensuses have been upended, former assumptions have been cast into doubt, and new approaches have yet to stand the test of time. Policymakers have been forced to improvise and researchers to rethink basic theory. George Akerlof, Nobel Laureate and one of this volume's editors, compares the crisis to a cat stuck in a tree, afraid to move. In April 2013, the International Monetary Fund brought together leading economists and economic policymakers to discuss the slowly emerging contours of the macroeconomic future. This book offers their combined insights. The contributors consider the lessons learned from the crisis and its aftermath. They discuss, among other things, post-crisis questions about the traditional policy focus on inflation; macroprudential tools (which focus on the stability of the entire financial system rather than of individual firms) and their effectiveness; fiscal stimulus, public debt, and fiscal consolidation; and exchange rate arrangements. 606 $aMonetary policy 606 $aFiscal policy 606 $aFinancial crises$xGovernment policy 606 $aEconomic policy 606 $aMacroeconomics 606 $aGlobal Financial Crisis, 2008-2009 610 $aECONOMICS/Macroeconomics 615 0$aMonetary policy. 615 0$aFiscal policy. 615 0$aFinancial crises$xGovernment policy. 615 0$aEconomic policy. 615 0$aMacroeconomics. 615 0$aGlobal Financial Crisis, 2008-2009. 676 $a339.5 702 $aAkerlof$b George A.$f1940- 702 $aBlanchard$b Olivier$g(Olivier J.), 702 $aRomer$b David 702 $aStiglitz$b Joseph E. 801 0$bOCoLC-P 801 1$bOCoLC-P 906 $aBOOK 912 $a9910530734103321 996 $aWhat have we learned$93390736 997 $aUNINA