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By:George A. Akerlof,Olivier Blanchard,David Romer,Joseph E. Stiglitz
Published on 2014-05-16 by MIT Press

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Top economists consider how to conduct policy in a world where previous beliefs have been shattered by the recent financial and economic crises. 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 editors and contributors—who include the Nobel Laureate and bestselling author Joseph Stiglitz, Federal Reserve Vice Chair Janet Yellen, and the former Governor of the Bank of Israel Stanley Fischer—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.

This Book was ranked at 14 by Google Books for keyword Macroeconomics.

Book ID of What Have We Learned?'s Books is xDyPAwAAQBAJ, Book which was written byGeorge A. Akerlof,Olivier Blanchard,David Romer,Joseph E. Stiglitzhave ETAG "oM/uJnBdXlg"

Book which was published by MIT Press since 2014-05-16 have ISBNs, ISBN 13 Code is 9780262323451 and ISBN 10 Code is 0262323451

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Book which have "368 Pages" is Printed at BOOK under CategoryBusiness and Economics

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