Home > Olivier Blanchard

Public Debt (Blanchard)

fev 1, 2019, 5:29 PM 0

Public debt and low interest rates by Olivier Blanchard published by The American Economic Review (2019). “The question this paper asks is what the implications of such low rates should be for government debt policy. It is an important…

Natural Rate (PIIE)

dez 8, 2017, 12:40 PM 0

Should we reject the natural rate hypothesis? by Olivier Blanchard published by PIIE (11/2017). “Fifty ears ago, Milton Friedman articulated the natural rate hypothesis. It was composed of two sub-hypotheses: First, the natural rate of unemployment is independent of…

Rethinking (Blanchard & Summers)

out 13, 2017, 2:36 PM 0

Rethinking stabilization policy. Back to the future by Olivier Blanchard and Lawrence Summers published by Peterson Institure for International Economics (10/2017). “Nearly ten years after the onset of the Great Financial Crisis, both researches and policy makers are still…

Rethinking Macroeconomic Policy (PIIE)

out 13, 2017, 1:17 PM 0

The Peterson Institute held a conference on “Rethinking Macroeconomic Policy”, coordinated by Olivier Blanchard and Lawrence H. Summers, the event was indicated by Monica de Bolle and Cesar R. S. Neto (10/2017). “Academic experts and policymakers will address the…

Lower Productivity Growth (Blanchard et al.)

mar 12, 2017, 5:15 PM 0

Short-run effects of lower productivity growth: A twist on the secular stagnation hypothesis by Olivier Blanchard, Guido Lorenzoni, and Jean Paul L’Huillier published by PIIE (2/2017). “Since 2010, despite interest rates being very close to zero, US GDP growth…

Macroeconomic Models (Blanchard)

jan 19, 2017, 6:09 PM 0

The need for different classes of macroeconomic models by Olivier Blanchard published by PIIE (1/2017). “Different classes of macro models are needed for different tasks. Let me focus on two main classes. Theory models, aimed at clarifying theoretical issues…