Rethinking macro policy II: getting granular
This note explores how the economic thinking about macroeconomic management has evolved since the crisis began. It discusses developments in monetary policy, including unconventional measures; the challenges associated with increased public debt; and the policy potential, risks, and institutional ch...
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Hauptverfasser: | , , |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, DC
IMF
2013
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Schriftenreihe: | IMF staff discussion note
13/03 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This note explores how the economic thinking about macroeconomic management has evolved since the crisis began. It discusses developments in monetary policy, including unconventional measures; the challenges associated with increased public debt; and the policy potential, risks, and institutional challenges associated with new macroprudential measures. Rationale: The note contributes to the ongoing debate on several aspects of macroeconomic policy. It follows up on the earlier "Rethinking" paper, refining the analysis in light of the events of the past two years. Given the relatively fluid state of the debate (e.g., recent challenges to central bank independence), it is useful to highlight that while many of the tenets of the pre-crisis consensus have been challenged, others (such as the desirability of central bank independence) remain valid |
Beschreibung: | 1 Online-Ressource (25 Seiten) |
Format: | Systemvoraussetzungen: Acrobat Reader |
ISBN: | 9781484363478 |
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illustrated | Not Illustrated |
index_date | 2024-07-03T20:13:13Z |
indexdate | 2024-07-10T09:35:20Z |
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record_format | marc |
series2 | IMF staff discussion note |
spelling | Blanchard, Olivier 1948- Verfasser (DE-588)115601929 aut Rethinking macro policy II getting granular Olivier Blanchard; Giovanni Dell'Ariccia; Paolo Mauro Washington, DC IMF 2013 1 Online-Ressource (25 Seiten) txt rdacontent c rdamedia cr rdacarrier IMF staff discussion note 13/03 This note explores how the economic thinking about macroeconomic management has evolved since the crisis began. It discusses developments in monetary policy, including unconventional measures; the challenges associated with increased public debt; and the policy potential, risks, and institutional challenges associated with new macroprudential measures. Rationale: The note contributes to the ongoing debate on several aspects of macroeconomic policy. It follows up on the earlier "Rethinking" paper, refining the analysis in light of the events of the past two years. Given the relatively fluid state of the debate (e.g., recent challenges to central bank independence), it is useful to highlight that while many of the tenets of the pre-crisis consensus have been challenged, others (such as the desirability of central bank independence) remain valid Systemvoraussetzungen: Acrobat Reader Dell'Ariccia, Giovanni 1988- Verfasser (DE-588)130436178 aut Mauro, Paolo Verfasser (DE-588)132204401 aut http://elibrary.imf.org/view/IMF006/20422-9781484363478/20422-9781484363478/20422-9781484363478.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Blanchard, Olivier 1948- Dell'Ariccia, Giovanni 1988- Mauro, Paolo Rethinking macro policy II getting granular |
title | Rethinking macro policy II getting granular |
title_auth | Rethinking macro policy II getting granular |
title_exact_search | Rethinking macro policy II getting granular |
title_exact_search_txtP | Rethinking macro policy II getting granular |
title_full | Rethinking macro policy II getting granular Olivier Blanchard; Giovanni Dell'Ariccia; Paolo Mauro |
title_fullStr | Rethinking macro policy II getting granular Olivier Blanchard; Giovanni Dell'Ariccia; Paolo Mauro |
title_full_unstemmed | Rethinking macro policy II getting granular Olivier Blanchard; Giovanni Dell'Ariccia; Paolo Mauro |
title_short | Rethinking macro policy II |
title_sort | rethinking macro policy ii getting granular |
title_sub | getting granular |
url | http://elibrary.imf.org/view/IMF006/20422-9781484363478/20422-9781484363478/20422-9781484363478.xml |
work_keys_str_mv | AT blanchardolivier rethinkingmacropolicyiigettinggranular AT dellaricciagiovanni rethinkingmacropolicyiigettinggranular AT mauropaolo rethinkingmacropolicyiigettinggranular |