[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-114798-en":3,"doc-seo-114798-105":29,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},114798,1374391974564,"Clementine","https://ap-avatar.wpscdn.com/avatar/14000253aa45c000a9e?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779874745381141002",8,"Research & Report","Macroeconomics Policy and Practice - Frederic S. Mishkin - 2nd Edition","Macroeconomics Policy and Practice - 2nd Edition explains macroeconomic behavior through core models while connecting theory to policy choices and real events. Chapters cover measuring key data, aggregate production and productivity, saving and investment in open and closed economies, and money and inflation using major empirical tests. It also addresses growth with the Solow framework, business cycles, IS/MP/AD-AS relationships, fiscal and monetary policy tools, and financial crises, emphasizing how policy and institutions shape outcomes.","2nd Edition  \nMacroeconomics  \nPolicy and Practice  \nFrederic S. Mishkin  \nColumbia University  \nBoston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City São Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo  \nMacroeconomics Matters: The Latest Economic Events and Policy Responses  \n\n|  | APPLICATIONS apply the analysis in each chapter to explain important real-world situations. | POLICY AND PRACTICE\u003Cbr>c examples of policies and how they were executed. | MACROECONOMICS IN THE NEWS\u003Cbr>boxes introduce relevant news articles and data from the daily press and explain how to read them. |\n| --- | --- | --- | --- |\n| Chapter 2 Measuring Macroeconomic Data |  | • Can GDP Buy Happiness?\u003Cbr>• Policy and Overstatements of the Cost of Living | • Unemployment and Employment\u003Cbr>• Interest Rates |\n| Chapter 3 Aggregate Production and\u003Cbr>Productivity | • Why Are Some Countries Rich and Others Poor?\u003Cbr>• Explaining Real Wage Growth\u003Cbr>• Oil Shocks, Real Wages, and the Stock Market |  |  |\n| Chapter 4 Saving and Investment in Closed and Open Economies | • How the United States Became the Largest Net Debtor in the World\u003Cbr>cits | • Government Policies to Stimulate Saving\u003Cbr>• Crowding Out and the Debate over the 2009 Fiscal Stimulus Package | • Balance of Payments Accounts |\n| Chapter 5 Money and ation | • Testing the Quantity Theory of Money\u003Cbr>• Testing the Fisher Effect | • The Zimbabwean\u003Cbr>ation | • The Monetary Aggregates |\n| Chapter 5 Appendix The Money Supply Process | • Quantitative Easing and the Money Supply 2007–2013 |  |  |\n| Chapter 6 The Sources of Growth and the Solow Model | • Evidence on Convergence, 1960–2012\u003Cbr>• U. S. Growth Rates in the Postwar Period | • China’s One-Child Policy and Other Policies to Limit Population Growth |  |\n| Chapter 7 Drivers of Growth: Technology, Policy, and Institutions | • Does Population Growth Improve Living Standards? | • Government Measures to Increase Human Capital\u003Cbr>• The World Bank’s Doing Business\u003Cbr>• Does Foreign Aid Work? |  |\n| Chapter 8 Business Cycles: An Introduction |  |  | • Leading Economic Indicators |\n| Chapter 9 The IS Curve | • The Vietnam War Buildup, 1964–1969 | • The Fiscal Stimulus Package of 2009 |  |\n| Chapter 10 Monetary Policy and Aggregate Demand |  | • Movements Along the MP Curve: The Rise in the Federal Funds Rate Target, 2004–2006\u003Cbr>• Shifts in the MP Curve: Autonomous Monetary Easing at the Onset of the 2007–2009 Financial Crisis |  |\n| Chapter 11 Aggregate Supply and the Phillips Curve |  | • The Phillips Curve Tradeoff and Macroeconomic Policy in the 1960s |  |\n| Chapter 12 The Aggregate Demand and Supply Model | ~~ ~~ation, 1980–1986\u003Cbr>• Negative Demand Shocks, 2001 – 2004\u003Cbr>• Negative Supply Shocks, 1973–1975 and 1978–1980\u003Cbr>• Positive Supply Shocks, 1995–1999\u003Cbr>• Negative Supply and Demand Shocks and the 2007–2009 Financial Crisis\u003Cbr>• The United Kingdom and the 2007–2009 Financial Crisis\u003Cbr>• China and the 2007–2009 Financial Crisis |  |  |\n\n\n|  | APPLICATIONS apply the analysis in each chapter to explain important real-world situations. | POLICY AND PRACTICE\u003Cbr>c examples of policies and how they were executed. | MACROECONOMICS IN THE NEWS\u003Cbr>boxes introduce relevant news articles and data from the daily press and explain how to read them. |\n| --- | --- | --- | --- |\n| Chapter 13\u003Cbr>Macroeconomic Policy and Aggregate Demand and Supply Analysis | ation\u003Cbr>• Nonconventional Monetary Policy and Quantitative Easing | • The Federal Reserve’s Use of the Equilibrium Real Interest Rate, r*\u003Cbr>• The Activist/Nonactivist Debate Over the Obama Fiscal Stimulus Package\u003Cbr>• The Fed’s Use of the Taylor Rule\u003Cbr>• Abenomics and the Shift in Japanese Monetary Policy in 2013 |  |\n| Chapter 14 The Financial System and Economic Growth | • The Tyranny of Collateral\u003Cbr>• Is China a Counter-Example to the Importance of Financial Development to Economic Growth? |","cbCaibQcjQKPzvTG","https://ap.wps.com/l/cbCaibQcjQKPzvTG","pdf",36030432,1,710,"English","en",105,"# Chapter 2 Measuring Macroeconomic Data\n# Chapter 3 Aggregate Production and Productivity\n# Chapter 4 Saving and Investment in Closed and Open Economies\n# Chapter 5 Money and Inflation\n# Chapter 5 Appendix The Money Supply Process\n# Chapter 6 The Sources of Growth and the Solow Model\n# Chapter 7 Drivers of Growth: Technology, Policy, and Institutions\n# Chapter 8 Business Cycles: An Introduction\n# Chapter 9 The IS Curve\n# Chapter 10 Monetary Policy and Aggregate Demand\n# Chapter 11 Aggregate Supply and the Phillips Curve\n# Chapter 12 The Aggregate Demand and Supply Model\n# Chapter 13 Macroeconomic Policy and Aggregate Demand and Supply Analysis\n# Chapter 14 The Financial System and Economic Growth\n# Chapter 15 Financial Crises and the Economy\n# Chapter 16 Fiscal Policy and the Government Budget\n# Chapter 17 Exchange Rates and International Economic Policy\n# Chapter 18 Consumption and Saving\n# Chapter 19 Investment\n# Chapter 20 The Labor Market, Employment, and Unemployment","[{\"question\":\"What macroeconomic topics are covered in the book?\",\"answer\":\"The book covers macroeconomic measurement, production and productivity, saving and investment, money and inflation, economic growth, business cycles, and models like IS and AD-AS.\"},{\"question\":\"How does the book connect policy with macroeconomic theory?\",\"answer\":\"Policy and Practice sections use the chapter analysis to explain real-world policy decisions and how those policies were implemented, including monetary and fiscal 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