The dog that didn't bark : the strange case of domestic policy cooperation in the 'new normal' /
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| Author / Creator: | Bayoumi, Tamim, author. |
|---|---|
| Imprint: | [Washington, D.C] : International Monetary Fund, Strategy, Policy, and Review Department, 2015. |
| Description: | 1 online resource (22 pages) |
| Language: | English |
| Series: | IMF working paper, 1018-5941 ; WP/15/156 IMF working paper ; WP/15/156. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12504624 |
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| 100 | 1 | |a Bayoumi, Tamim, |e author. | |
| 245 | 1 | 4 | |a The dog that didn't bark : |b the strange case of domestic policy cooperation in the 'new normal' / |c prepared by Tamim Bayoumi. |
| 260 | |a [Washington, D.C] : |b International Monetary Fund, Strategy, Policy, and Review Department, |c 2015. | ||
| 300 | |a 1 online resource (22 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF working paper, |x 1018-5941 ; |v WP/15/156 | |
| 500 | |a "July 2015." | ||
| 520 | |a "This paper examines domestic policy cooperation, a curiously neglected issue. Both international and domestic cooperation were live issues in the 1970s when the IS/LM model predicted very different external outcomes from monetary and fiscal policies. Interest in domestic policy cooperation has since fallen on hard intellectual times - with knock-ons to international cooperation - as macroeconomic policy roles became highly compartmentalized. The author first discusses the intellectual and policy making undercurrents behind this neglect, and explain why they are less relevant after the global crisis. This is followed by a discussion of: macroeconomic policy cooperation in a world of more fiscal activism; coordination across financial agencies and with macroeconomic policies; and how structural policies fit into this. The paper concludes with a proposal for a 'grand bargain' across principle players to create a 'new domestic cooperation.'"--Abstract. | ||
| 504 | |a Includes bibliographical references. | ||
| 505 | 0 | |a Cover; Abstract; I. INTRODUCTION; II. WHY DID INTEREST IN DOMESTIC POLICY COOPERATION WANE?; III. MACROECONOMIC POLICY COOPERATION IN AN AGE OF INDEPENDENT CENTRAL BANKS; IV. FINANCIAL POLICY COORDINATION IN AN AGE OF FINANCIAL INSTABILITY; V. STRUCTURAL POLICY COORDINATION IN AN AGE OF DIMINISHED EXPECTATIONS; VI. THE GRAND BARGAIN; References. | |
| 650 | 0 | |a Banks and banking, Central. |0 http://id.loc.gov/authorities/subjects/sh85011647 | |
| 650 | 0 | |a Monetary policy. |0 http://id.loc.gov/authorities/subjects/sh85086787 | |
| 650 | 0 | |a Banks of issue. |0 http://id.loc.gov/authorities/subjects/sh85011671 | |
| 650 | 6 | |a Banques centrales. | |
| 650 | 6 | |a Politique monétaire. | |
| 650 | 7 | |a Banks of issue. |2 fast |0 (OCoLC)fst00827142 | |
| 650 | 7 | |a Banks and banking, Central. |2 fast |0 (OCoLC)fst00827036 | |
| 650 | 7 | |a Monetary policy. |2 fast |0 (OCoLC)fst01025230 | |
| 655 | 4 | |a Electronic books. | |
| 710 | 2 | |a International Monetary Fund. |b Strategy, Policy, and Review Department. |0 http://id.loc.gov/authorities/names/no2009043117 | |
| 776 | 0 | 8 | |i Print Version: |z 9781513584607 |
| 830 | 0 | |a IMF working paper ; |v WP/15/156. |0 http://id.loc.gov/authorities/names/no89010263 | |
| 856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2015/156/001.2015.issue-156-en.xml |y INTERNATIONAL MONETARY FUND |
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| 928 | |t Library of Congress classification |a HG1811 |l Online |c UC-FullText |u http://elibrary.imf.org/view/journals/001/2015/156/001.2015.issue-156-en.xml |z INTERNATIONAL MONETARY FUND |g ebooks |i 12148956 | ||