Rethinking Macroeconomic Policy /

The great moderation lulled macroeconomists and policymakers alike in the belief that we knew how to conduct macroeconomic policy. The crisis clearly forces us to question that assessment. In this paper, we review the main elements of the pre-crisis consensus, we identify where we were wrong and wha...

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Hlavní autor: Blanchard, Olivier
Další autoři: Dell'Ariccia, Giovanni, Mauro, Paolo
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2010.
Edice:IMF Staff Position Notes; Staff Position Note ; No. 2010/003
On-line přístup:Full text available on IMF