Economic Policy Frameworks Revisited: A Restatement of the Evergreen Instruments

This volume presents state-of-the-art contributions to the theory and practice of economic policy. In light of the 2007/2008 financial crisis and the COVID-19 pandemic, it discusses the relevance and effectiveness of various traditional economic policy tools and instruments. Written by experts in economics and public finance, the contributions highlight the virtues and institutional advantage of political authorities who can rely on a broader set of tools than those available to the private...