The global macro economy and finance

This volume explores the measurement of economic and social progress in our societies, and proposes new frameworks to integrate economic dimensions with other aspects of human well-being. Leading economists analyse the light that therecent crisis has shed on the global financial architecture, and the policiesneeded to address systemic risks. INDICE: Introduction .PART I: THE MEASURE OF SOCIAL WELFARE .On The Measurement of Social Progress and Well Being; J.Fitoussi. &. J. Stiglitz .The Role of Statistics in the United States' Economic Future; J.Landefeld. &. S.Villones .Measuring Equitable and Sustainable Wellbeing in Italy; E.Giovanni & .T.Rondinella .PART II: MACROECONOMIC THEORY AND POLICY: FINANCIAL FRICTIONS AND AGGREGATE ECONOMIC ACTIVITY .Liquidity Shocks and Asset Prices in the Business Cycle; S.Shi .A Mechanism Design Approach to Financial Frictions; N.Kiyotaki .Bank Lending and Credit Supply Shocks; S.Gilchrist. & .E.Zakrajsek .PART III: INTERNATIONAL MACRO THEORY AND POLICY: INTERCONNECTIVITY AND GLOBAL EXTERNALITIES .Sectoral Imbalances and Long Run Crises; D.D.Gatti., .M.Gallegatti., .B.Greenwald., .A.Russo. & .J.Stiglitz. The Race to Zero; A.Haldane .Capital Flows, Crisis and Externalities; A.Korinek. Whither Capitalism? Financial Externalities and Crisis; M.Miller. & .L.Zhang .PART IV: THE FUTURE OF CORPORATE TAXATIONIN A GLOBALIZED ECONOMY .How Should Income from Multinationals be Taxed?; R.Gordon. Taxing Multinationals in a World with International Mergers and Acquisitions: Should the Home Country Exempt Foreign Income?; J.Wilson. PART V: FINANCIAL INSTITUTIONS AND BEHAVIOUR .System Risk and Macroprudential Regulation; F.Allen. & .E.Carletti .Filling the Gaps: The Vienna Initiative and the Role ofthe International Financial Institutions in Crisis Management and Resolution;E.Berglof .Financial Structure and Economic Development: Recent New Progresses; J.Lin. & .L.Xu .A Model of Private Equity Fund Compensation; W.Choi., .A.Metrick. & .A.Yasuda.

• ISBN: 978-1-1370-3424-3
• Editorial: Palgrave Macmillan
• Encuadernacion: Rústica
• Páginas: 256
• Fecha Publicación: 24/08/2012
• Nº Volúmenes: 1
• Idioma: Desconocido