Overview
Focuses specifically on microprudential and macroprudential policy following the financial crisis
Highlights interesting policy issues and innovations from parallel debates taking place in the Eurozone, the United States, Japan and the other advanced economies
Introduces the new regime of macroprudential policy
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Table of contents (12 chapters)
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Front Matter
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Microprudential Policy
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Front Matter
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Macroprudential Policy
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Front Matter
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Back Matter
Keywords
About this book
This book reviews the key policy debates during the post-crash era, describing the issues that policymakers grappled with, the decisions that they took and the details of the policy instruments that were created. It focuses specifically on the policy regimes at the epicentre of the crisis: micro- and macro-prudential policy with chapters exploring the revolution in the conduct of macroeconomic policy in the period since the financial crisis. The author shows that throughout this period policymakers have had to balance two conflicting objectives – to repair balance sheets in the banking and public sectors whilst simultaneously trying to catalyse an economic recovery – and that has required them to innovate new tools and even new policy regimes in response. This book goes behind the jargon and explains what exactly policymakers at the Bank of England, the Treasury and beyond did and why, from QE to austerity to Basel III.
Authors and Affiliations
About the author
Bibliographic Information
Book Title: Macroeconomic Policy after the Crash
Book Subtitle: Issues in Microprudential and Macroprudential Policy
Authors: Richard Barwell
DOI: https://doi.org/10.1007/978-3-319-40463-9
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017
Hardcover ISBN: 978-3-319-40462-2Published: 03 March 2017
Softcover ISBN: 978-3-319-82108-5Published: 03 May 2018
eBook ISBN: 978-3-319-40463-9Published: 27 February 2017
Edition Number: 1
Number of Pages: XIV, 427
Topics: Macroeconomics/Monetary Economics//Financial Economics, Economic Policy