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...

Полное описание

Библиографические подробности
Главный автор: Blanchard, Olivier
Другие авторы: Dell'Ariccia, Giovanni, Mauro, Paolo
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2010.
Серии:IMF Staff Position Notes; Staff Position Note ; No. 2010/003
Online-ссылка:Full text available on IMF