Author Index

Aaberge, 211

Acemoglu, 211, 223, 229, 271, 287, 290, 307, 310

Acocella

and forward guidance, 268 announcement games, 148 Caffe subliminal messages, 53 conservative central bank, 110 decisiveness, 137 fiscal leadership, 204 forward guidance, 184 global public goods, 245 hysteresis of theories, 45 imbalances in the EMU, 120 implicit coalitions, 145 institutions, 315 knowledge-sharing of models, 278

macroeconomic imbalances, 239 optimal inflation, 98 policy communication, 269 reform of EMU institutions, 257 role of institutions, 296 rules of fiscal policy, 192 theory of economic policy in a strategic setting, 126

time inconsistency, 205 Aghion, 310

Akerlof, 33, 273 Akhtar, 80

Albanesi, 107 Alcidi, 204 Alesina, 61 Allen, 187 Alonso, 284

Alvaredo, 214

Ando, 37

Angelini, 206

Aristotle, 12, 299, 308

Arrow, 34, 59, 62, 83, 303

Atkinson, 212, 214, 221

Auerbach, 113

Australia, 41

Austria, 38, 213

Azfar, 276

Bade, 103

Balassa, 255

Ball, 41, 101

Bank of Canada, 183

Bank of England, 106, 183, 282

Barro, 72, 73, 75, 209

and REs, 71, 72

and time consistency, 71, 133

Bastiat, 10

Bator, 277

Baumol, 277

Beck, 238

Beetsma, 77, 78, 114, 204

Benabou, 255, 290

Benigno, 107, 180

Bentham, 302

Berg, 210

Bergson, 16, 34

Beris, 277

Bernanke, 227, 231

Bernauer, 292

Bernhagen, 286

Berry, 287

Bilbiie, 114

Blanchard, 93,101, 112, 246 effects of debt on growth, 116 effects of fiscal consolidation, 118

Blinder, 90, 104, 263

Boffa, 277

Bogliacino, 221, 222

Bolton, 290

Bonvin, 309

Borch, 58

Bossert, 85

Boustan, 310

Bovenberg, 77, 204

Brandeis, 291

Brandolini, 211

Brandsma, 130

Brazil, 242

Bretton Woods

institutions, 18, 52, 73, 245, 322 BRICS, 171, 243

Brumberg, 228

Buchanan, 6, 10, 60, 276

Buiter, 231

Cabral, 205

Caffe

‘strategy of alarmism', 52 as an anticipator of economic policy, 49

definition of the ‘logic' of economic policy, 3

progress in welfare economics, 45 Camara, 284

Carli, 82

Chahrour, 265

Chari, 107

Chatagny, 274

Checherita-Westphal, 116 Chichilnisky, 40

China, 212, 242

Chow, 37

Christiano, 107

Ciccarone, 264

Cingano, 209, 210

Ciocca, 53

Coase, 57

Cochrane, 92

Coenen, 114

Coeure, 247, 248

Coibion, 98

Colander, 296, 316

Collier, 307

Cook, 206 Corak, 221 Coricelli, 271 Corsetti, 205 Cowen, 228 Crafts, 229 Croft-Murray, 38 Cudd, 290 Cukierman, 80, 105, 271

Dalmazzo, 271 Darracq Paries, 207 de Finetti, 34, 294, 313 De Grauwe, 113, 181, 229, 255

and debt deleveraging, 121 de Haan, 80, 263 De Leonardis, 308 De Viti De Marco, 6 Deardorff, 286 Dedola, 205 Del Vecchio, 35, 54 Dell'Ariccia, 101,112 Demertzis, 107, 265, 314 Denis, 236 Denmark, 213 Desai, 88 Deutsche Bundesbank, 180 Devereux, 206 Dewey, 312 Di Bartolomeo

and conservative central bank, 110

announcement games, 148 constrained consumers, 112 decisiveness, 137 fiscal leadership, 204 global public goods, 245 implicit coalitions, 145 institutions, 315 on optimal degree of transparency, 264 optimal inflation, 98 policy communication, 269 rules of fiscal policy, 192 theory of economic policy in a strategic setting, 126 time inconsistency, 205 Di Fenizio, 46 Diamond, 305 Diaz, 205 Dixit, 58, 61, 204

Dockner, 81

Dollar, 239

Downs, 61

Duflo, 281

Dumenil, 221

Dur, 286

Dworkin, 299

East Asian countries, 222

ECB, 69, 77, 81, 119, 175, 178, 183, 269, 270, 283, 322

Eggertsson, 113, 234, 247, 277

Ehrmann, 263

Eichengreen, 227, 228

Einaudi, 6, 54

EMS, 82, 322

EMU, 76, 77, 78, 80, 177, 226, 256,

262

Engerman, 293

Englund, 311

Enns, 209

EU, 179

Europe, 308

European Commission, 81, 201, 322

European Economic Community, 52

European Fiscal Board, 201

Faguet, 276

Fatas, 230, 271

Federal Reserve, 69, 106, 124,183

Fernandez-Villaverde, 260

Ferrara, 10

Ferrero, 229

Filardo, 187

Fisher, 121

Fleurbaey, 85, 90

Fontana Russo, 17

Foster, 229

France, 42, 213, 222, 258

Franzini, 208, 218, 223

Fratzscher, 263

Friedman, 69, 81, 185

B.

Frisch

and democracy, 306 macroeconomic failures, 11, 16 normative perspective, 42

SWF referred to policymakers, 34

the theory of economic policy, 20

Fua', 47

Furceri, 234, 248

Furman, 196, 199

Galati, 186, 206

Galbraith

James K., 213

John K., 44,127

Gale, 187

Gali, 112

Garicano, 260

Gaspar, 247

Gauthier, 299

Gechert, 121, 122

German Constitutional Court, 180

Germany, 38, 213, 242, 258, 322

Giavazzi, 73, 82

Giger, 291

Gilens, 291

Giuliodori, 114

Glaeser, 284

Goodin, 309

Gordon

D., 71, 133

R.

Gorodnichenko, 98, 113

Gottfries, 234

Gradstein, 291

Graham, 289, 293

Granovetter, 297

Graziani, 47

Graziano, 285

Greece, 122

Gross, 229

Grossman, 278, 285

Guglielminetti, 102

Guzzo, 109

Haavelmo, 23

Haberler, 185

Habermas, 308

Hall, 286

Hansen

Bent, 24

Harrod, 15

Harsanyi, 86

Hayek, 10, 275, 301

Hayo, 105, 106

Heal, 40

Hefeker, 106

Helpman, 285

Hibbs, 61

conservative central bank, 110

Hicks, 15

Hobbes, 299

Hobson, 229

Holly, 40

Honkapohja, 58

Horowitz, 317

Hotelling, 15

Hoxby, 310

Hughes Hallett, 40

and fiscal multipliers, 121

and forward guidance, 268

and policy conflicts, 314

and transparency, 265 announcement games, 148 decisiveness, 137

effects of debt on growth, 116 equivalence of REs to a game, 130 forward guidance, 184 independence of central bank, 107

institutions, 315 knowledge-sharing of models, 278

monetary commitment, 205 policy communication, 269 role of monetary and fiscal policy, 204

rules of fiscal policy, 192 theory of economic policy in a strategic setting, 126

time inconsistency, 205

Ietto-Gillies, 294

IMF, 73, 81, 200, 270, 322, 323 India, 212

Inman, 276

International Monetary Fund, 18 Ireland, 222

Italy, 4, 45, 52, 55, 56, 58, 213, 222 Iversen, 296

Jaggers, 291

Jansen, 263

Japan, 226, 242

Ji, 181, 255

Johansen, 19, 23

Johnson, 211, 271, 290, 307, 310 Jonung, 58

Kahkbnen, 276

Kaldor, 15, 18, 38, 209

Kalecki, 6, 11, 17

Kant, 299, 300

Kautilya, 12

Kelly, 209

Kendrick, 37

Keynes, 6

and Bretton Woods institutions, 73

and debt deleveraging, 121

and Kalecki, 17

and Malthus, 11

and use of different policy instruments, 18

burying banknotes and digging, 185

effects ofWicksell, 36

in Italy, 45

influence of old ideas on current conduct, 289

macroeconomic failures, 16 Khan, 97

King, 97, 203

Kissau, 291

Klaassen, 114

Klein, 24

Knight, 35

Kok, 207

Kranton, 273

Kreps, 147, 273

Krugman, 114, 227, 230, 233, 255 Kupers, 296, 316

Kydland, 71, 134

Lambertini, 204 Lambert-Mogiliansky, 275

Lanyi, 276

Laubach, 231

Lauder, 310

Lazear, 209

Le Borgne, 260

Lefkofridi, 291

Leibenstein, 84

Leigh, 118

Leitemo, 204

Leontief, 19

Levy, 221

Libich, 205

Lindahl, 6

Linz, 305

Lipset, 305

Little, 15

Prendergast, 273

Prescott, 71,134

Preston, 42, 159

Przeworski, 292

Qian, 276

Querubin, 271

Rahbari, 231

Raitano, 208

Rajapakse, 311

Rancoita, 207

Rannenberg, 121, 122

Ravallion, 224, 309

Rawls, 86, 299, 300, 302

Rees, 40

Reilly, 306, 317

Reinhart, 73

Reiss, 297

Restrepo, 229, 291, 307

Ricardo, 11, 73, 75

Richard, 290

Robbins, 14, 65

Robinson, 211, 223, 260, 271, 290, 307, 310

Rodrik, 252

Roger, 236

Rogoff, 73, 80, 101, 104, 108, 203

Rohner, 307

Roland, 290

Rosanvallon, 324

Rosen, 209

Roser, 236

Rosset, 292

Rossi, 112

Rother, 116

Rousseau, 299, 312

Rubinfeld, 276

Russian Federation, 171

Rutherford, 276

Saez, 214

Sahay, 247

Salais, 308

Salverda, 222

Samuelson, 34

Santos, 260

Sargent, 71, 78, 203

Scandinavia, 35, 44, 55, 222

Schelling, 151

Schiattarella, 301

Schmitt-Grohe, 97, 99

Scitovsky, 15

Semmler, 113

Sen

and democracy, 303, 308, 309 and public reasoning, 306

and the effects of ‘sympathy’, 289 and welfarism, 86

functionings and capabilities, 87 on impossibility result, 85 on Pareto optimality, 16

Pareto optimality and democracy, 87

types of institutions, 299, 302 Serrano-Berthet, 277

Seydl, 231

SGP, 79, 119, 194, 322

Shah, 277

Sidgwick, 12

Sinn, 180

Siven, 58, 126

Sjostrom, 90

Smith, 11, 283, 302

and quotation of sources, 53 invisible hand, 8 theory of institutions, 4

Socrates, 312

Sokoloff, 293

Solow, 58

Sotiropoulos, 121

South Africa, 171

South East Asia, 242

Spain, 222

Spencer, 10

Sraffa, 15, 40

Stability and Growth Pact, 76 Stehlik, 205

Stiglitz, 221, 231, 244, 248, 251, 323 efficiency wages, 17 macroeconomic failures, 16

Stockhammer, 121

Stockholm school, 36, 126

Stone, 38

Storesletten, 288

Sturm, 80

Summers, 226, 230, 234, 247, 277

Svensson, 81, 207

Swan, 41

Swedberg, 284, 295

Swedish Fiscal Policy Council, 201

Swedish Riksbank, 183