In this edited collection, Joseph Stiglitz and Martin Guzman
present a series of studies on contemporary macroeconomic issues.
The book discusses a set of key lessons for macroeconomic theory
following the recent global financial crisis and explores
unconventional monetary policy in a post-crisis world. This volume
is divided into five parts. The introduction includes keynote
speeches by the Governors of the Bank of Japan and Central Bank of
Jordan. Part one focuses on macroeconomic theory for understanding
macroeconomic fluctuations and crises. Part two addresses the issue
of the measurement of wealth. Part three discusses macroeconomic
policies in times of crises. Finally, part four focuses on central
banking and monetary policy.
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