Rethinking fiscal policy after the crisis

The Resource Rethinking fiscal policy after the crisis

Label

Rethinking fiscal policy after the crisis

Statement of responsibility

edited by Ludovít Ódor, Council for Budget Responsibility, Slovakia

Language

eng

Summary

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. --

Assigning source

Provided by publisher

Cataloging source

DLC

Dewey number

339.5/2

Illustrations

illustrations

Index

index present

LC call number

HG230.3

LC item number

.R48 2017

Literary form

non fiction

Nature of contents

bibliography

Context

Context of Rethinking fiscal policy after the crisis

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Context

Work of