Rethinking Macroeconomic Policy

被引：302

作者：

Blanchard, Olivier

Dell'Ariccia, Giovanni

Mauro, Paolo

机构：

[1] IMF, Research Department

[2] Fiscal Affairs Department, IMF

来源：

JOURNAL OF MONEY CREDIT AND BANKING | 2010年 / 42卷 / 06期

关键词：

E44; E52; E58; G38; H50; macroeconomic policy; macroprudential regulation; inflation targets; automatic stabilizers; INFLATION;

D O I：

10.1111/j.1538-4616.2010.00334.x

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

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 precrisis consensus, identify where we were wrong and what tenets of the precrisis framework still hold, and take a tentative first pass at the contours of a new macroeconomic policy framework.

引用

页码：199 / 215

页数：17

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[21] What do a million observations on banks say about the transmission of monetary policy? [J].