rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: In the wake of the crisis
    sub title: leading economists reassess economic policy
  name:
    name part: Blanchard, Olivier (Olivier J.)
    role:
      role term: editor.
  name:
    name part: Romer, David
    role:
      role term: editor.
  name:
    name part: Spence, Michael
    name part: 1943-
    role:
      role term: editor.
  name:
    name part: Stiglitz, Joseph E.
    role:
      role term: editor.
  type of resource: text
  genre: bibliography
  genre: conference publication
  genre: Electronic books.
  origin info:
    place:
      place term: mau
    date issued: 2012
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: remote
    extent: 1 online resource (x, 239 pages) : illustrations
  abstract: In 2011, the International Monetary Fund invited prominent economists and economic policy makers to consider the brave new world of the post-crisis global economy. The result is a book that captures the state of macroeconomic thinking at a transformational moment. The crisis and the weak recovery that has followed raise fundamental questions concerning macroeconomics and economic policy. For instance, to what extent are financial markets efficient and self-correcting? How crucial is low and stable inflation for growth and the real stability of the economy? How strong is the case for open capital markets? Too often, the standard models provided insufficient guidance on how to respond to the unprecedented situations created by the crisis. As a result, policy makers have been forced to improvise. What to do when interest rates reach the zero floor? How best to provide liquidity to segmented financial institutions and markets? How much to use fiscal policy starting from high levels of debt? These top economists discuss future directions for monetary policy, fiscal policy, financial regulation, capital account management, growth strategies, and the international monetary system, and the economic models that should underpin thinking about critical policy choices. Among the new realities they consider are the swing of the pendulum toward regulation; the need for new theoretical approaches, incorporating advances in agency theory, behavioral economics, and understanding of credit markets and finance based on theories of imperfect information; and the importance for macroeconomic policy to target not just inflation but also output and financial stability. This title is copublished with The MIT Press.
  note: edited by Olivier J. Blanchard, David Romer, Michael Spence and Joseph Stiglitz.
  note: Conference proceedings.
  subject:
    topic: Global Financial Crisis, 2008-2009
    genre: Congresses
  subject:
    topic: Fiscal policy
    genre: Congresses
  subject:
    topic: Monetary policy
    genre: Congresses
  subject:
    topic: Economic development
    genre: Congresses
  subject:
    topic: ECONOMICS/Macroeconomics
  classification: HB3717 2008 .I6 2012eb
  classification: 339.5
  identifier: 9780262301831
  identifier: 0262301830
  identifier: 9781280499203
  identifier: 1280499206
  identifier: 9780262017619
  identifier: 026201761X
  identifier: https://doi.org/10.7551/mitpress/9451.001.0001
  record info:
    record content source: OCoLC-P
    record creation date: 120228
    record change date: 20221121161800.3
    record identifier: in00004600564
    language of cataloging:
      language term: eng