Book notes: The Great Recession: Lessons for Central Bankers


Edited by Jacob Braude, Zvi Eckstein, Stanley Fischer and Karnit Flug, The Great Recession: Lessons for Central Bankers, MIT Press, 2013

This book is the result of a conference held at the Bank of Israel (BoI) at the end of March and the beginning of April 2011. It comprises a preface summarising the contents, the text of a stimulating talk by BoI governor Stanley Fischer and 12 chapters. The chapters are grouped under four headings: monetary policy; macro-prudential policy; capital flows; and e

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