Progress and confusion : the state of macroeconomic policy / edited by Olivier Blanchard, Raghuram Rajan, Kenneth Rogoff, and Lawrence H. Summers.

Includes bibliographical references and index.

A roadmap to "rethinking macro" / Olivier Blanchard and Rafael Portillo -- Debt supercycle not secular stagnation / Kenneth Rogoff -- Rethinking secular stagnation after seventeen months / Lawrence Summers -- Systemic risk and financial regulation -- A note from the session on systemic risk and financial regulation / Paul Volcker -- A comparative analysis of finacial sector health in the United States, Europe, and Asia / Viral Acharya -- Rethinking financial regulation : how confusions have prevented progress / Anat R. Admati -- Systemic risk and financial regulation : where do we stand? / Philipp Hildebrand -- Shadow banking as a source of systemic risk / Robert Rubin -- Macroprudential policies : gathering evidence -- Macroprudential policy regimes : definition and institutional implications / Paul Tucker -- Macroprudential tools, their limits and their connection with monetary policy / Hyun Song Shin -- A simple cost-benefit analysis of using monetary policy for financial-stability purposes / Lars E.O. Svensson -- Monetary policy in the future -- Introduction to the monetary policy section / Jos Vilals -- Monetary policy in the future / Ben Bernanke -- A monetary policy for the future / John Taylor -- The credit surface and monetary policy / John Geanakoplos -- Remarks on the future of monetary policy / Gill Marcus -- Fiscal policy in the future -- Fiscal policy for the 21st century : testing the limits of the tax state? / Vitor Gaspar -- The future of fiscal policy / Martin Feldstein -- What future for rules-based fiscal policy? / Marco Buti -- On the proper size of the public sector and the level of public debt in the 21st / Century -- Brad delong -- Capital flows, exchange rate management, and capital controls -- Floating exchange rates, self oriented policies, and limits to economic integration / Maurice Obstfeld -- Some lessons of the global financial crisis from an eme and a Brazilian perspective / Luiz Pereira Da Silva -- Capital inflows, exchange rate management and capital controls / Agustin Carstens -- The international monetary and financial system -- The international monetary and financial system : eliminating the blind spot / Jaime Caruana -- Prospects and challenges for financial and macroeconomic policy coordination / Zeti Akhtar Aziz -- Global safe asset shortage : the role of central banks / Ricardo Caballero -- Going bust for growth / Raghuram Rajan -- Conclusion -- Rethinking macro policy : progress or confusion? / Olivier Blanchard -- Contributors -- Index.