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Big Ideas in MacroeconomicsA Nontechnical View

Big Ideas in Macroeconomics: A Nontechnical View

Kartik B. Athreya

Published in print:
2013
Published Online:
May 2014
ISBN:
9780262019736
eISBN:
9780262314404
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262019736.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

In the wake of recent events, macroeconomics has come under intense scrutiny, often from non-economists. Yet because macroeconomics is now a highly technical undertaking, it will be very hard for ... More

Deliberating American Monetary PolicyA Textual Analysis

Deliberating American Monetary Policy: A Textual Analysis

Cheryl Schonhardt-Bailey

Published in print:
2013
Published Online:
May 2014
ISBN:
9780262019576
eISBN:
9780262314725
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262019576.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

American monetary policy is formulated by the Federal Reserve and overseen by Congress. Both policy making and oversight are deliberative processes, although the effect of this deliberation has been ... More

Global Interdependence, Decoupling, and Recoupling

Global Interdependence, Decoupling, and Recoupling

Yin-Wong Cheung and Frank Westermann (eds)

Published in print:
2013
Published Online:
May 2014
ISBN:
9780262019804
eISBN:
9780262314442
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262019804.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

One lens through which to view global economic interdependence and the spillover of shocks is that of decoupling (and then recoupling). Decoupling between developed and developing countries can be ... More

Inside and Outside Liquidity

Inside and Outside Liquidity

Bengt Holmstrom and Jean Tirole

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262015783
eISBN:
9780262295536
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262015783.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

Why do financial institutions, industrial companies, and households hold low-yielding money balances, Treasury bills, and other liquid assets? When and to what extent can the state and international ... More

Macroeconomics in Times of Liquidity CrisesSearching for Economic Essentials

Macroeconomics in Times of Liquidity Crises: Searching for Economic Essentials

Guillermo A. Calvo

Published in print:
2016
Published Online:
May 2017
ISBN:
9780262035415
eISBN:
9780262336017
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262035415.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

The book claims that liquidity issues are at the heart of recent financial crises, and their analysis helps to explain phenomena that are alien to mainstream macroeconomic models. To make this point, ... More

Post-crisis Fiscal Policy

Post-crisis Fiscal Policy

Carlo Cottarelli, Philip Gerson, and Abdelhak Senhadji (eds)

Published in print:
2014
Published Online:
September 2015
ISBN:
9780262027182
eISBN:
9780262324113
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027182.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

Fiscal policy makers have faced an extraordinarily challenging environment over the last few years. At the outset of the global financial crisis, the International Monetary Fund (IMF) for the first ... More

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