Book Details


Progress and Confusion: The State of Macroeconomic Policy

Publication year: 2016

ISBN: 9780262333450

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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.

Subject: Society, Politics & Philosophy, Government & Politics, Monetary policy, Fiscal policy, Economic policy, Macroeconomics