Economic Policy

In this book, top economists provide a concise and accessible evaluation of major developments in trade and trade policy. Economic Policy has earned a reputation around the world as the one publication that always identifies current and emerging policy topics early.

Top economists provide a concise and accessible evaluation of major developments in trade and trade policy.* Economic Policy has earned a reputation around the world as the one publication that always identifies current and emerging policy topics early* Papers are specially commissioned from first-class economists and experts in the policy field* The editors are all based at top European economic institutions and each paper is discussed by a panel of distinguished economists* This unique approach guarantees incisive debate and alternative interpretations of the evidence

Editors' Introduction

1. What determines government spending multipliers? (Giancarlo Corsetti, André Meier and Gernot J. Müller)

2. Comparative advantage and the welfare impact of European integration (Andrei A. Levchenko and Jing Zhang)

3. Recapitalization, credit and liquidity (Mike Mariathasan and Ouarda Merrouche)

4. How housing slumps end (Agustín S. Bénétrix, Barry Eichengreen and Kevin H. O'Rourke)