Law and Macroeconomics : : Legal Remedies to Recessions / / Yair Listokin.

• Superior document: Title is part of eBook package: De Gruyter Harvard University Press Complete eBook-Package 2019
• VerfasserIn: Listokin, Yair,
• Place / Publishing House: Cambridge, MA : : Harvard University Press, , [2019]; ©2019
• Year of Publication: 2019
• Language: English
• Physical Description: 1 online resource (280 p.)
• Other title: Frontmatter --; Contents --; Introduction --; Part I. Law, Fiscal Policy, and Monetary Policy --; 1. Macroeconomics outside of a Liquidity Trap --; 2. Law and Fiscal Policy When Interest Rates Are Well above Zero --; 3. Law and Monetary Policy When Interest Rates Are Well above Zero --; 4. The Painful Costs of Prolonged Recessions: Evidence and Theory --; 5. Law, Monetary Policy, and Fiscal Policy in a Liquidity Trap --; 6. Institutional Reform of Fiscal Policy --; 7. Expansionary Fiscal Policy by Administrative Agencies --; Part II. The Pros and Cons of Expansionary Legal Policy --; 8. Expansionary Legal Policy: The Case of the Keystone Pipeline --; 9. The Costs of Expansionary Legal Policy --; 10. Law and Macroeconomics: Lessons from History --; 11. Expansionary Legal Policy Options --; Conclusion: Five Lessons of Law and Macroeconomics --; Appendix --; Notes --; Acknowledgments --; Index
• Format: Mode of access: Internet via World Wide Web.
• ISBN: 9780674239838; 9783110652031
• DOI: 10.4159/9780674239838
• Access: restricted access
• Hierarchical level: Monograph
• Statement of Responsibility: Yair Listokin.

After 2008, private-sector spending took a decade to recover. Yair Listokin thinks we can respond more quickly to the next meltdown by reviving and refashioning a policy approach, used in the New Deal, to harness law’s ability to function as a macroeconomic tool, stimulating or relieving demand as required under certain crisis conditions.