Better Macroeconomic Policy

Thomas F. Huertas

Chapter 6 in Crisis: Cause, Containment and Cure, 2011, pp 103-114 from Palgrave Macmillan

Abstract: Abstract Macroeconomic policy set the stage for the crisis (see Chapter 1), and reforming macroeconomic policy must be part of any cure that would prevent future crises. In the first years of the twenty-first century macroeconomic policymakers had effectively assumed that the financial intermediaries would function as passive transmitters of policy measures to the broader economy. Indeed, monetary policymakers’ economic models usually made little or no reference to finance (Adrian and Shin 2008a: 301; Economist 2009b).

Keywords: Monetary Policy; Central Bank; Credit Rating; Macroeconomic Policy; Open Market Operation (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-32135-9_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230321359

DOI: 10.1057/9780230321359_7

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().