Allen / Stiglitz / Aoki The Global Macro Economy and Finance

2012
ISBN: 978-1-137-03425-0
Verlag: Palgrave Macmillan UK
Format: PDF
Kopierschutz: Wasserzeichen (»Systemvoraussetzungen)

E-Book, Englisch, 338 Seiten, eBook

Reihe: International Economic Association Series

This volume explores the measurement of economic and social progress in our societies, and proposes new frameworks to integrate economic dimensions with other aspects of human well-being. Leading economists analyse the light that the recent crisis has shed on the global economic architecture, and the policies needed to address these systemic risks.

Zielgruppe

Research

Autoren/Hrsg.

Allen, Franklin

Aoki, Masahiko

Kiyotaki, Nobuhiro

Allen, F.

Stiglitz, Joseph E.

Aoki, M.

Gordon, R.

Fitoussi, J.

Inhaltsverzeichnis

Introduction PART I: THE MEASURE OF SOCIAL WELFARE On The Measurement of Social Progress and Well Being; J.Fitoussi & J. Stiglitz The Role of Statistics in the United States' Economic Future; J.Landefeld & S.Villones Measuring Equitable and Sustainable Wellbeing in Italy; E.Giovanni & T.Rondinella PART II: MACROECONOMIC THEORY AND POLICY: FINANCIAL FRICTIONS AND AGGREGATE ECONOMIC ACTIVITY
Liquidity Shocks and Asset Prices in the Business Cycle; S.Shi A Mechanism Design Approach to Financial Frictions; N.Kiyotaki Bank Lending and Credit Supply Shocks; S.Gilchrist & E.Zakrajsek PART III: INTERNATIONAL MACRO THEORY AND POLICY: INTERCONNECTIVITY AND GLOBAL EXTERNALITIES Sectoral Imbalances and Long Run Crises; D.D.Gatti , M.Gallegatti , B.Greenwald , A.Russo & J.Stiglitz The Race to Zero; A.Haldane Capital Flows, Crisis and Externalities; A.Korinek Whither Capitalism? Financial Externalities and Crisis; M.Miller & L.Zhang PART IV: THE FUTURE OF CORPORATE TAXATION IN A GLOBALIZED ECONOMY How Should Income from Multinationals be Taxed?; R.Gordon Taxing Multinationals in a World with International Mergers and Acquisitions: Should the Home Country Exempt Foreign Income?; J.Wilson PART V: FINANCIAL INSTITUTIONS AND BEHAVIOUR System Risk and Macroprudential Regulation; F.Allen & E.Carletti Filling the Gaps: The Vienna Initiative and the Role of the International Financial Institutions in Crisis Management and Resolution; E.Berglof Financial Structure and Economic Development: Recent New Progresses; J.Lin & L.Xu A Model of Private Equity Fund Compensation; W.Choi , A.Metrick & A.Yasuda

Über Autor(innen)

FRANKLIN ALLEN, University of Pennsylvania, USA

MASAHIKO AOKI, Stanford University, USA

JEAN-PAUL FITOUSSI, Science Po, France

NOBUHIRO KIYOTAKI, Princeton University, USA

ROGER GORDON, University of California, San Diego, USA

JOSEPH STIGLITZ, Columbia University, USA