IMF高级宏观经济学研修班课程CT1405MMFL01Macro.pptxVIP

L-1 Macroeconomic Stability, Macroeconomic Policies, and Macro-Prudential Policies;Outline;What is Macroeconomic Stability and Why Do We Care?;What do we mean by “macroeconomic stability”?;Why do we care about macro stability?;Volatility and growth;Volatility and growth;Crisis volatility;Output costs of crises;Output costs of crises;GDP growth;Output growth volatility;Output growth volatility;Volatility patterns;Policies for Macroeconomic Stability;What causes macroeconomic instability?;What should policymakers do?;Policies for macroeconomic stability;Fiscal policy;Public sector solvency condition;Fiscal policy over the cycle;Fiscal balances;Fiscal volatility;Fiscal volatility: East Asia;Procyclical fiscal policy: Developing countries;Public debt;Monetary policy;Inflation;The Great Moderation;Monetary policy credibility;Central bank autonomy;Monetary policy index;Credit expansion;Deviation of policy rates from Taylor rule;Monetary policy and housing booms;Exchange rate policy;Currency crashes;Limitations of macroeconomic stabilization;Examples of structural reforms;The Financial Sector and Macroeconomic Stability;Financial sector policy;;Financial development and growth;Financial development and growth;Financial sector and macroeconomic stability;Systemic banking crises and recessions ;Credit crunches, asset price busts, and recessions;Financial accelerator ;Bank-lending channel;Financial regulation;Macro stability and risk perceptions;Feedback on the way up;Feedback on the way down;Countercyclical regulation?;Macro-prudential policy tools;;9、春去春又回，新桃换旧符。在那桃花盛开的地方，在这醉人芬芳的季节，愿你生活像春天一样阳光，心情像桃花一样美丽，日子像桃子一样甜蜜。7月-217月-21Friday, July 16, 2021 10、人的志向通常和他们的能力成正比例。12:09:2312:09:2312:097/16/2021 12:09:23 PM 11、夫学须志也，才须学也，非学无以广才，非志无以成学。7月-2112:09:2312:09Jul-2116-Jul-21 12、越是无能的人，越喜欢挑剔别人的错儿。12:09:2312:09:2312:09Friday, July 16, 2021 13、志不立，天下无可成之事。7月-217月-2112:09:2312:09:23July 16, 2021 14、Thank you very much for taking me with you on that splendid outing to London. It was th