Effects of Fiscal and Monetary Policy in the Great Recession
World economy is living a time of change, and the complexity of change has implied a new research agenda on the role of economic policy in society. The role, types and effects of economic policy have been major issues in economic science since its origins. Jean Tinbergen (1956)  established the basis for the traditional theory of economic policy in economics and he tried to show how economic knowledge could be organized to regulate and guide economic systems. Nevertheless, this traditional approach has been improved through several contributions, for example when Eggertsson (1997)  incorporated the existence of incomplete knowledge, endogenous politics and institutional change in the theory of economic policy. [...]
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- Alberto Alesina, 2012. "Fiscal Policy after the Great Recession," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 40(4), pages 429-435, December.
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- Giancarlo Corsetti & Keith Kuester & André Meier & Gernot J. Müller, 2013.
"Sovereign Risk, Fiscal Policy, and Macroeconomic Stability,"
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- Corsetti, Giancarlo & Kuester, Keith & Meier, André & Müller, Gernot, 2012. "Sovereign Risk, Fiscal Policy, and Macroeconomic Stability," CEPR Discussion Papers 8779, C.E.P.R. Discussion Papers.
- Coenen, Gunter & Straub, Roland & Trabandt, Mathias, 2011.
"Fiscal policy and the Great Recession in the euro area,"
76688, University Library of Munich, Germany.
- Gunter Coenen & Roland Straub & Mathias Trabandt, 2012. "Fiscal Policy and the Great Recession in the Euro Area," American Economic Review, American Economic Association, vol. 102(3), pages 71-76, May.
- Coenen, Günter & Straub, Roland & Trabandt, Mathias, 2012. "Fiscal policy and the 'Great Recession' in the euro area," Working Paper Series 1429, European Central Bank.
- Philip R. Lane, 2012. "The European Sovereign Debt Crisis," Journal of Economic Perspectives, American Economic Association, vol. 26(3), pages 49-68, Summer.
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