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Macroeconomic Paradigms and Economic Policy

Author

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  • Acocella,Nicola
  • Di Bartolomeo,Giovanni
  • Hughes Hallett,Andrew

Abstract

The recent financial crisis has demonstrated the dangers of ignoring the factors that led to previous crises, and the effectiveness of the policies designed to deal with them. Over time, these macroeconomic policies have evolved, oscillating between state intervention and a free-market approach. Following a story that runs from the pre-Great Depression era up until the Financial Crisis of 2007–11, this book reveals an intimate connection between new macroeconomic ideas and policies and the events in the real economy that inspired them. It does this in an accessible, easy-to-follow style, first by focusing on the developments of economic theories and policies, and then by concentrating on the design of domestic and international institutions and economic governance. Written by three leading experts on the history of economic policy, the book is ideal for graduates and undergraduates studying macroeconomics, monetary policy and the history of economic thought.

Suggested Citation

  • Acocella,Nicola & Di Bartolomeo,Giovanni & Hughes Hallett,Andrew, 2016. "Macroeconomic Paradigms and Economic Policy," Cambridge Books, Cambridge University Press, number 9781107117723.
    • Handle: RePEc:cup:cbooks:9781107117723
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    Cited by:

    1. Fritz Breuss & Peter Mooslechner & Reinhard Neck, 2020. "Andrew Jonathan Hughes Hallett (1947–2019)," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 47(3), pages 695-697, August.
    2. Fisher, Paul & Grout, Paul, 2017. "Competition and prudential regulation," Bank of England working papers 675, Bank of England.
    3. Aleksandra Praščević & Milutin Ješić, 2019. "Modeling Macroeconomic Policymakers’ Interactions under Zero Lower Bound Environment: The New Keynesian Theoretical Approach," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 8(1), pages 5-38.

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