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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Bibliografski detalji
Glavni autor: Blanchard, Olivier
Daljnji autori: Dell'Ariccia, Giovanni, Mauro, Paolo
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2010.
Serija:IMF Staff Position Notes; Staff Position Note ; No. 2010/003
Online pristup:Full text available on IMF