Olivier Blanchard

Fiscal Policy under Low Interest Rates

• Broschiertes Buch

Produktbeschreibung

"A guide for fiscal policymakers in advanced economies to understand the appropriate policy response to an environment of high national debt and low interest rates"--

Produktdetails

• Verlag: MIT Press Ltd
• Seitenzahl: 192
• Erscheinungstermin: 10. Januar 2023
• Englisch
• Abmessung: 290mm x 241mm x 26mm
• Gewicht: 228g
• ISBN-13: 9780262544870
• ISBN-10: 0262544873
• Artikelnr.: 65611982

Autorenporträt

Olivier Blanchard is C. Fred Bergsten Senior Fellow at the Peterson Institute for International Economics and Robert Solow Professor of Economics Emeritus at MIT. He was Chief Economist at the International Monetary Fund from 2008 to 2015.

Inhaltsangabe

List of Figures ix
Preface xi
1 Introduction 1
2 Preliminaries 13
3 The Evolution of Interest Rates, Past and Future 27
4 Debt Sustainability 49
5 Welfare Costs and Benefits of Debt and Deficits 89
6 Fiscal Policy in Action 117
7 Summary and Open Issues 139
Bibliography 145
Index 153