Gateway to Think Tanks
来源类型 | Podcast |
规范类型 | 其他 |
Director's Cut: The case for a legislative remedy for recessions | |
The Sound of Economics | |
发表日期 | 2019-03-12 |
出版年 | 2019 |
语种 | 英语 |
概述 | Bruegel's Maria Demertzis welcomes Yale Law School professor Yair Listokin to this Director's Cut of 'The Sound of Economics', to discuss how law might be deployed as a macroeconomic tool to counter financial crisis. |
摘要 |
In his new book titled ‘Law and Macroeconomics’, Yair Listokin puts forward the idea that law has the ability to function as an instrument of macroeconomic policy. He argues that the time it took for private spending to recover after the 2008 financial crisis could have been cut, had legislation played a more vital role in the process. Here the two elaborate on these ideas, focusing particularly on the perceived trade-off between law’s role in maintaining stability, and its potential to be used as a real-time response to economic shocks. They also discuss the applicability of this policy approach in the European reality of multiple legal frameworks and central banks struggling to stimulate aggregate demand at the zero lower interest rate bound. You can find more on macroeconomic policy in previous editions of the Director’s Cut. First, we recommend Bruegel director Guntram Wolff’s conversation about the growth and stability challenges facing the global financial system, with Tharman Shanmugaratnam, deputy prime minister of Singapore and chair of the G20 Eminent Persons Group, and Jean Pisani-Ferry, mercator senior fellow at Bruegel. Second, consider Maria Demertzis’ discussion with Martin Sandbu of the Financial Times, on the topic of what the field of economics has learned in the decade since the financial crisis. |
主题 | European Macroeconomics & Governance |
关键词 | central banks European Central Bank (ECB) financial crisis Macro-prudential Macroeconomics podcasts The Sound of Economics - Director’s Cut |
URL | https://bruegel.org/2019/03/directors-cut-the-case-for-a-legislative-remedy-for-recessions/ |
来源智库 | Bruegel (Belgium) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/429808 |
推荐引用方式 GB/T 7714 | The Sound of Economics. Director's Cut: The case for a legislative remedy for recessions. 2019. |
条目包含的文件 | 条目无相关文件。 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[The Sound of Economics]的文章 |
百度学术 |
百度学术中相似的文章 |
[The Sound of Economics]的文章 |
必应学术 |
必应学术中相似的文章 |
[The Sound of Economics]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。