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Progress and Confusion: The State of Macroeconomic Policy by Kenneth Rogoff, Lawrence H. Summers, Raghuram Rajan, Olivier Blanchard (Hardcover, 2016)

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Leading 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, Agustin 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, Jose Vinals, Paul A. Volcker

Product Identifiers

Publisher
Lawrence H. Summers, Paul A. Volcker, Rafael Portillo, Viral V. Acharya, Olivier Blanchard, Kenneth Rogoff, MIT Press Ltd
ISBN-13
9780262034623
eBay Product ID (ePID)
221821742

Product Key Features

Author
Kenneth Rogoff, Lawrence H. Summers, Raghuram Rajan, Olivier Blanchard
Publication Name
Progress and Confusion: the State of Macroeconomic Policy
Format
Hardcover
Language
English
Subject
Economics
Publication Year
2016
Type
Textbook
Number of Pages
312 Pages

Dimensions

Item Height
229mm
Item Width
152mm

Additional Product Features

Series Title
The MIT Press
Country/Region of Manufacture
United States
Editor
Raghuram Rajan, Lawrence H. Summers, Kenneth Rogoff, Olivier Blanchard

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Progress and Confusion: The State of Macroeconomic Policy by Kenneth Rogoff, Lawrence H. Summers, Raghuram Rajan, Olivier Blanchard (Hardcover, 2016)

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Product Information

Product Identifiers

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Additional Product Features

Best Selling in Adult Learning & University

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On Killing: The Psychological Cost of Learning to Kill in War and Society by Dave Grossman (Paperback, 2009)

Save on Adult Learning & University

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