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Rethinking fiscal policy after the crisis /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Rethinking fiscal policy after the crisis // edited by Ludovít Ódor, Council for Budget Responsibility, Slovakia.
other author:	Ódor, L̕udovít,
Description:	1 online resource (xvii, 596 pages) :digital, PDF file(s). :
Notes:	Title from publisher's bibliographic system (viewed on 25 May 2017).
Subject:	Monetary policy. -
Online resource:	https://doi.org/10.1017/9781316675861
ISBN:	9781316675861 (ebook)

Rethinking fiscal policy after the crisis /
Rethinking fiscal policy after the crisis /edited by Ludovít Ódor, Council for Budget Responsibility, Slovakia. - 1 online resource (xvii, 596 pages) :digital, PDF file(s).

Title from publisher's bibliographic system (viewed on 25 May 2017).

Before the financial crisis, fiscal policy often played a secondary role to monetary policy, with the manipulation of interest rates to hit inflation targets being the main instrument of macroeconomic management. However, after the financial crisis and the subsequent euro crisis, fiscal policy has been brought back to the fore. In the past, the limited understanding of the effects of fiscal policy, neglect of monetary-fiscal interactions, faulty institutional set ups or ignorance of market expectations often led to bad policies. This book, written by a team of leading economists, seeks to address the current oversight of fiscal policy and to upgrade our understanding and conduct of fiscal policy, presenting a well-balanced diagnosis and offering several important lessons for future fiscal analysis and policymaking. It is an essential read for academics and graduate students focused on the current debate over fiscal policy, as well as policy-makers working on day-to-day policy issues.

ISBN: 9781316675861 (ebook)Subjects--Topical Terms:

556378
Monetary policy.

LC Class. No.: HG230.3 / .R48 2017

Dewey Class. No.: 339.5/2

Rethinking fiscal policy after the crisis /
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245 0 0 $a Rethinking fiscal policy after the crisis / $c edited by Ludovít Ódor, Council for Budget Responsibility, Slovakia.
264 1 $a Cambridge : $b Cambridge University Press, $c 2017.
300 $a 1 online resource (xvii, 596 pages) : $b digital, PDF file(s).
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500 $a Title from publisher's bibliographic system (viewed on 25 May 2017).
520 $a Before the financial crisis, fiscal policy often played a secondary role to monetary policy, with the manipulation of interest rates to hit inflation targets being the main instrument of macroeconomic management. However, after the financial crisis and the subsequent euro crisis, fiscal policy has been brought back to the fore. In the past, the limited understanding of the effects of fiscal policy, neglect of monetary-fiscal interactions, faulty institutional set ups or ignorance of market expectations often led to bad policies. This book, written by a team of leading economists, seeks to address the current oversight of fiscal policy and to upgrade our understanding and conduct of fiscal policy, presenting a well-balanced diagnosis and offering several important lessons for future fiscal analysis and policymaking. It is an essential read for academics and graduate students focused on the current debate over fiscal policy, as well as policy-makers working on day-to-day policy issues.
650 0 $a Monetary policy. $3 556378
650 0 $a Global Financial Crisis, 2008-2009. $3 775108
650 0 $a Fiscal policy. $3 556261
650 0 $a Financial institutions $x Management. $3 721088
700 1 $a Ódor, L̕udovít, $e editor. $3 1445763
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856 4 0 $u https://doi.org/10.1017/9781316675861