Macroeconomic Policy after the Crash : Issues in Microprudential and Macroprudential Policy /

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- an...

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Bibliographic Details
Main Authors: Barwell, Richard
Corporate Authors: SpringerLink Online service
Published: Springer International Publishing : Imprint: Palgrave Macmillan,
Publisher Address: Cham :
Publication Dates: 2017.
Literature type: eBook
Language: English
Subjects:
Online Access: http://dx.doi.org/10.1007/978-3-319-40463-9
Summary: 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 pub
Carrier Form: 1 online resource(XIV,314pages)
ISBN: 9783319404639
Index Number: HB172
CLC: F015
Contents: Part 1) Microprudential Policy -- 1) The causes of the crash -- 2) The crisis response -- 3) Global reform -- 4) Local Reform -- 5) The wider prudential policy agenda -- Part 1) Macroprudential Policy -- 1) The macroprudential agenda -- 2)Turf wars: the relationship between macroprudential policy and other policy regimes -- 3) The conventional instruments of macroprudential policy -- 4) Unconventional macroprudential instruments -- 5) MP-UK: Macroprudential policy in action in the United Kingdom -- 6) Macroprudential policy and the UK housing market.