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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Bibliografische gegevens
Hoofdauteur: Blanchard, Olivier
Andere auteurs: Dell'Ariccia, Giovanni, Mauro, Paolo
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2010.
Reeks:IMF Staff Position Notes; Staff Position Note ; No. 2010/003
Online toegang:Full text available on IMF