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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Bibliografiske detaljer
Hovedforfatter: Blanchard, Olivier
Andre forfattere: Dell'Ariccia, Giovanni, Mauro, Paolo
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2010.
Serier:IMF Staff Position Notes; Staff Position Note ; No. 2010/003
Online adgang:Full text available on IMF