Macroeconomic Policy

Demystifying Monetary and Fiscal Policy
Softcover Nachdruck of the original 3rd Auflage 2016
ISBN: 978-3-319-81385-1
Verlag: Springer International Publishing

Buch, Englisch, 318 Seiten, Previously published in hardcover, Format (B × H): 155 mm x 235 mm, Gewicht: 5153 g

Reihe: Springer Texts in Business and Economics

This book is an applications-oriented
text designed for individuals who desire a hands-on approach to analyzing the
effects of fiscal and monetary policies. Significantly updated to provide an
understanding of the post-financial crisis economy, the third edition covers
the subprime crisis in detail, discussing monetary policies enacted in its
wake, such as quantitative easing, tapering, carry trades, CMOs, and monetization.
Even more globally oriented than previous editions, this volume links the Great
Recession and US Monetary Policy to global hot capital flows and currency
pegs. This edition also revisits the Eurozone in significant detail;
discussing its history, its macroeconomic design challenges, and its present
imperiled state, in the context of global macropolicy. Finally, this
volume analyzes the "China syndrome" and explores the effects of
slower trend growth in China on the rest of the world. India, with its
different—almost supply-side—approach to macropolicy is alsostudied in detail.
The third edition contains several brand-new cases and media articles that are
carefully positioned to relate explicitly to theory, and to look ahead to and
preempt global macro situations and polices in the years to come. MBA students and
Executive MBA students who appreciate the importance of monetary and fiscal
analysis will find this text to be right on target. Financial analysts and
individual investors who need to strip away economic myths and jargon and
systematically examine and understand the effects of macro policies on
variables such as inflation, output, employment and interest rates, will also
find the book extremely useful.

Zielgruppe

Graduate

Autoren/Hrsg.

Langdana, Farrokh K.

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Öffentliche Finanzwirtschaft, Besteuerung
• Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftspolitik, politische Ökonomie
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geldwirtschaft, Währungspolitik
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Makroökonomie
• Sozialwissenschaften Politikwissenschaft Regierungspolitik Wirtschafts- und Finanzpolitik

Inhaltsverzeichnis

1. Introduction and Overview: We are not all Keynesians now.-
2. National Income Accounts.- 3. Budget Deficits, Trade Deficits and Global
Capital Flows: The National
Savings Identity in its Present Form.- 4. Aggregate Demand: Setting the Stage
for Demand-Side Stabilization.- 5. Demand-Side Stabilization: Asset Price
Bubbles, Overheating, Hard Landing, and Everything in Between.- 6. The
Sub-Prime Crisis and its Global Implications.- 7.Long-Term Interest Rates, the
Yield Curve, and Hyperinflation: Why “Bonds Know Best”.- 8. ISLM: The Engine
Room.- 9. The Classical Model: The Bedrock of the Supply-Side Model.- 10. The
Keynesian Model: Exploring the Keynesian History of the US, China and Southern
Europe .- 11. The Great Depression
Re-Examined, and the Nature of Bubbles.- 12. The Supply-Side Model and its
Implications for the Eurozone and for the “New” India.- 11. Central Banks,  Monetary Policy and Currency Pegs: The Eurozone,
the US After 2008, the Impossible Trinity, and the “Broken Rhombus”.

Über Autor(innen)

Dr. Langdana's areas of specialization include monetary and fiscal theory and international trade and global macroeconomic policy.  His research deals with macroeconomic experimentation and the role of stabilization policy in an expectations-driven economy.  He has published several articles as well as five books in this area.  His new book, co-authored with Peter Murphy and published by Springer Press, is titled "International Trade and Global Macropolicy."  

Dr. Langdana is the recipient of the Horace dePodwin Research Award and more than 30 teaching awards, including the highest possible teaching award at Rutgers University -- the Warren I. Susman Award. He also has received Rutgers Business School's Paul Nadler Award for Excellence in Teaching. From 2011 to 2013, the Award for Excellence in teaching in the MBA Program was named the Farrokh Langdana Teaching Excellence Award.

A professor in the Finance and Economics Department at Rutgers Business School, Dr. Langdana is also director of the globally ranked and highly regarded Rutgers Executive MBA Program. Dr. Langdana was recently interviewed by  where he discusses how the Rutgers EMBA program evolves constantly to meet the changing needs and demands  of the global executive workplace. He has been director since 1997.