Olivier Jean Blanchard is a French economist and professor. He is Robert M. Solow Professor Emeritus of Economics at the Massachusetts Institute of Technology, Professor of Economics at the Paris School of Economics, and as the C. Fred Bergsten Senior Fellow at the Peterson Institute for International Economics.
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In their own words 3
I refuse to start from the assumption that the role of monetary policy is to control and stabilize inflation.
"Monetary Policy; Science or Art?" (2006)
Crises feed uncertainty. And uncertainty affects behaviour, which feeds the crisis.
Lucas and Sargent’s main argument was that Keynesian economics had ignored the full implications of the effect of expectations on behavior.
Ch. 24 : Epilogue: The Story of Macroeconomics
Awards 8
Connected to Olivier 6
About this person
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