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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Detalhes bibliográficos
Autor principal: Blanchard, Olivier
Outros Autores: Dell'Ariccia, Giovanni, Mauro, Paolo
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2010.
Colecção:IMF Staff Position Notes; Staff Position Note ; No. 2010/003
Acesso em linha:Full text available on IMF