Contemporary Issues in Macroeconomics (eBook)

Lessons from The Crisis and Beyond

Joseph E. Stiglitz (Herausgeber)

eBook Download: PDF

2016 | 1. Auflage
203 Seiten
Palgrave Macmillan (Verlag)
978-1-137-52958-9 (ISBN)

Infos

In this edited collection, Joseph Stiglitz and Martin Guzman present a series of studies on contemporary macroeconomic issues. The book discusses a set of key lessons for macroeconomic theory following the recent global financial crisis and explores unconventional monetary policy in a post-crisis world.

This volume is divided into five parts. The introduction includes keynote speeches by the Governors of the Bank of Japan and Central Bank of Jordan. Part one focuses on macroeconomic theory for understanding macroeconomic fluctuations and crises. Part two addresses the issue of the measurement of wealth. Part three discusses macroeconomic policies in times of crises. Finally, part four focuses on central banking and monetary policy.

Autor

Joseph E. Stiglitz is an American economist and a professor at Columbia University. A recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979), he is a former senior vice president and chief economist of the World Bank, and a former member and chairman of the (US president's) Council of Economic Advisers. In 2000, Stiglitz founded the Initiative for Policy Dialogue, a think tank on international development based at Columbia University, USA.Martin Guzman is a postdoctoral research fellow at Columbia University Business School, USA, and Associate Professor at the University of Buenos Aires, Argentina. He is also a member of the INET Taskforce on Macroeconomic Externalities and a senior fellow at the Centre for International Governance Innovation.

Inhalt

List of FiguresList of TablesForewordNotes on ContributorsPresidential Address Introduction; Joseph E. StiglitzTowards a General Theory of Deep DownturnsKeynote addresses by Central Bank Governors1. The Practice and Theory of Unconventional Monetary Policy; Haruhiko Kuroda, Governor of the Central Bank of Japan2. Monetary Policy in a Constrained Environment; Ziad Fariz, Governor of the Central Bank of JordanPART I: MACROECONOMIC THEORY FOR UNDERSTANDING FLUCTUATIONS AND CRISES 3. A Theory of Pseudo-Wealth; Martin Guzman and Joseph E. Stiglitz4. Great Recession and Beyond: Revisiting the Pillars of Economic Thought; A. Erinc Yeldan5. Is Financial Stability Possible in the Current International System?; James M. Boughton6. Learning, Expectations, and the Financial Instability Hypothesis; Martin Guzman and Peter HowittPART II: MACROECONOMIC POLICIES IN UNSTABLE TIMES7. The Short-and Long-Run Damages of Fiscal Austerity: Keynes beyond Schumpeter; Giovanni Dosi, Mauro Napoletano, Andrea Roventini, and Tania Treibich8. Structural Divergence and Crisis in the Eurozone: The Role of NAIRU Economics; Servaas Storm and C.W.M. Naastepad9. Managing the Exchange Rate in the Face of Volatile Capital Flows; Jonathan D. Ostry10. Achieving Coherence Between Macroeconomic and Development Objectives; Gerald EpsteinPART III: CENTRAL BANKING AND MONETARY POLICY11. Re-imagining Central Banking; Perry Mehrling 12. Taking Banks to Solow; Hans Gersbach, Jean-Charles Rochet, and Martin ScheffelIndex

Produkt-Details

• Erscheint lt. Verlag: 29.4.2016
• Reihe/Serie: International Economic Association Series
• Reihe/Serie: International Economic Association Series
• Zusatzinfo: XIV, 203 p.
• Verlagsort: London
• Sprache: englisch
• Themenwelt: Technik
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
• Schlagworte: Economics • Global financial crisis • Great Recession • International Economics • Japan • Keynes • Macroeconomic Policies • Macroeconomics • Macroeconomic Theory • monetary policy
• ISBN-10: 1-137-52958-X / 113752958X
• ISBN-13: 978-1-137-52958-9 / 9781137529589