Macroeconomic Policy after the Crash

Issues in Monetary and Fiscal Policy

  • Richard Barwell

Table of contents

  1. Front Matter
    Pages i-xv
  2. Richard Barwell
    Pages 1-7
  3. Monetary Policy

    1. Front Matter
      Pages 9-9
    2. Richard Barwell
      Pages 11-53
    3. Richard Barwell
      Pages 99-127
    4. Richard Barwell
      Pages 129-158
    5. Richard Barwell
      Pages 197-230
  4. Fiscal Policy

    1. Front Matter
      Pages 263-263
    2. Richard Barwell
      Pages 265-292
    3. Richard Barwell
      Pages 293-327
    4. Richard Barwell
      Pages 329-356
    5. Richard Barwell
      Pages 357-375
    6. Richard Barwell
      Pages 377-401
    7. Richard Barwell
      Pages 429-455
  5. Back Matter
    Pages 457-477

About this book


This book reviews the key policy debates during the post-crash era, describing the issues that policymakers grappled with, the decisions that they took and the details of the policy instruments that were created.  Focusing specifically on issues in monetary and fiscal policy, chapters demonstrate that very little that was done during this period conformed to the simple textbook treatment of macroeconomic policy: central banks cutting policy rates or finance ministers cutting the rate of income tax. The author guides the reader through the revolution in the conduct of macroeconomic policy in an engaging and approachable manner, and illuminates the key innovations in the toolkit and themes in the debate over past years with great detail, from negative rates to quantitative easing, and from austerity versus financial repression, restructuring and default to productivity puzzles and deflation.


Central Banks Financial Crisis Quantitative Easing Austerity Prudential Policy Regulation Restructuring Policy Rates Deflation economic policy economics policy political science politics public policy

Authors and affiliations

  • Richard Barwell
    • 1
  1. 1.BNP Paribas Investment PartnersDartfordUnited Kingdom

Bibliographic information

Industry Sectors
Finance, Business & Banking