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Must-read: Olivier Blanchard et al.: “Inflation and Activity–Two Explorations...
Must-Read: Olivier Blanchard, Eugenio Cerutti, and Lawrence Summers: Inflation and Activity–Two Explorations and their Monetary Policy Implications: “Since the mid-1970s, short-run inflation...
View ArticleMust-read: Olivier Blanchard and Joseph E. Gagnon: “Are US Stocks Overvalued?”
Must-Read: I think that this is completely right: expected returns on U.S. stocks right now are lower than average, but the gap between expected returns on stocks and on other assets is significantly...
View ArticleMust-read: Olivier Blanchard et al.: “Reality Check for the Global Economy”
Olivier Blanchard et al.: Reality Check for the Global Economy: “After five years of disappointing recovery throughout the major economies… …almost everyone is ready to believe the worst. The...
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Must-read: Olivier Blanchard: The US Phillips Curve: Back to the 60s?
Must-Read: Olivier Blanchard says that he and Paul Krugman differ not at all on the analytics but, rather, substantially on “tone”… It looks as though the center of the Federal Reserve is working today...
View ArticleMust-read: Olivier Blanchard: “Rethinking Macro Policy”
Must-Read: It is now six years since Olivier Blanchard called for “outlining the contours of a new macroeconomic policy framework”. Yet what is that framework? Where is it? Who outlines it? And what...
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Must-Read: Olivier Blanchard: Rethinking Macro Policy: Progress or...
Must-Read: On this one–views of fiscal policy–put me down not for progress but for “confusion for $2000”, Alex, for on this one I think the very sharp Olivier Blanchard has got it wrong. The world...
View ArticleMust-Read: Olivier Blanchard: How to Teach Intermediate Macroeconomics after...
Must-Read: Am I allowed to say that nearly all of this is in Paul Krugman’s 1998 The Return of Depression Economics? Olivier Blanchard: How to Teach Intermediate Macroeconomics after the Crisis?: “The...
View ArticleMonday DeLong Smackdown: Olivier Blanchard on How the Eurozone Can Be...
A high-quality DeLong smackdown! Keep ’em coming, please… Olivier Blanchard: How the Eurozone Can Be Strengthened After Brexit: “Brexit raises fundamental questions…. Meanwhile, Europe must continue to...
View ArticleMust-Read: Olivier Blanchard: Boasting a Bit…
Must-Read: Olivier Blanchard: Boasting a bit…: @ojblanchard1 Congratulations Prof.Blanchard – my call too! Let's hope we remain correct(Richard Griffiths Sloan 86). — Richard Griffiths...
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There Is an Old Joke About Economists, Keys, and Lampposts That Comes to Mind...
This is an interesting, if an Aesopian, article by Olivier Blanchard… He says that we need five kinds of macroeconomic models. He then gives examples of the five kinds. The examples of four of the...
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