TY  - GEN
N2  - Since 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.
DO  - 10.5089/9780262027342.071
DO  - doi
AB  - Since 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.
T1  - What have we learned? :macroeconomic policy after the crisis /
AU  - Akerlof, George A.,
AU  - Blanchard, Olivier
AU  - Romer, David,
AU  - Stiglitz, Joseph E.,
CN  - HG230.3
ID  - 1386645
KW  - Monetary policy.
KW  - Fiscal policy.
KW  - Financial crises
KW  - Economic policy.
KW  - Macroeconomics.
KW  - Global Financial Crisis, 2008-2009.
KW  - ECONOMICS/Macroeconomics
SN  - 9780262323444
SN  - 0262323443
SN  - 9780262323451
SN  - 0262323451
TI  - What have we learned? :macroeconomic policy after the crisis /
LK  - https://doi.org/10.7551/mitpress/10005.001.0001?locatt=mode:legacy
LK  - http://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf
UR  - https://doi.org/10.7551/mitpress/10005.001.0001?locatt=mode:legacy
UR  - http://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf
ER  -