Overview
- Provides detailed background and analysis of the revolution of macroeconomic policy
- Offers particular emphasis on the impact of macroeconomic policy changes in the UK
- Explores policy debates, economic tools and policy instruments of the post-crash era in an approachable manner
- Features the insight of the author’s lifetime of industry experience
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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. Focusing specifically on issues in monetary and fiscal policy, chapters demonstrate that very little that was done during this period conformed to the simple textbook treatment of macroeconomic policy: central banks cutting policy rates or finance ministers cutting the rate of income tax. The author guides the reader through the revolution in the conduct of macroeconomic policy in an engaging and approachable manner, and illuminates the key innovations in the toolkit and themes in the debate over past years with great detail, from negative rates to quantitative easing, and from austerity versus financial repression, restructuring and default to productivity puzzles and deflation.
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Keywords
Table of contents (15 chapters)
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Front Matter
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Monetary Policy
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Front Matter
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Back Matter
Authors and Affiliations
About the author
Richard Barwell is an economist at BNP Paribas Investment Partners in London. Prior to that, he worked at the Royal Bank of Scotland (RBS), having earlier spent almost a decade at the Bank of England, working on issues of monetary and financial stability. He has a PhD from the London School of Economics, UK, and is the author of Macroprudential Policy: Taming the wild gyrations of credit flows, debt stocks and asset prices (Palgrave Macmillan, 2013).
Bibliographic Information
Book Title: Macroeconomic Policy after the Crash
Book Subtitle: Issues in Monetary and Fiscal Policy
Authors: Richard Barwell
DOI: https://doi.org/10.1057/978-1-137-51592-6
Publisher: Palgrave Macmillan London
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2016
Hardcover ISBN: 978-1-137-51591-9Published: 23 March 2017
eBook ISBN: 978-1-137-51592-6Published: 16 March 2017
Edition Number: 1
Number of Pages: XV, 477
Topics: Economic Policy, Public Policy