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Olivier Jean Blanchard (French: [blɑ̃ʃaʁ]; born December 27, 1948) [17] [18] 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 ...
The paper was a building block for work by Olivier Blanchard and Nobuhiro Kiyotaki [30] on aggregate-demand externalities and for work by Laurence M. Ball and David Romer [31] on the interaction between real and nominal rigidities.
The IMF Economic Review (IMFER) is a peer-reviewed scientific journal published by Palgrave Macmillan on behalf of the International Monetary Fund (IMF), whose main research publication it is. [1] The IMF Economic Review has a focus on open economy macroeconomics , but also features content on global economic policies, international finance as ...
Olivier Blanchard in his textbook uses the term IS–LM–PC model (PC standing for Phillips curve). [3] Others, among them Carlin and Soskice, refer to it as the "three-equation New Keynesian model", [ 14 ] the three equations being an IS relation, often augmented with a term that allows for expectations influencing demand, a monetary policy ...
Real-world economics review; Regional Science and Urban Economics; Research in Economics; Rethinking Marxism; Review of Agricultural Economics; Review of Economic Design; Review of Economic Dynamics; Review of Economic Studies; Review of Economics and Statistics; Review of Environmental Economics and Policy; Review of International Organizations
Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. [1] This includes regional, national, and global economies .
A macroeconomic model is an analytical tool designed to describe the operation of the problems of economy of a country or a region. These models are usually designed to examine the comparative statics and dynamics of aggregate quantities such as the total amount of goods and services produced, total income earned, the level of employment of productive resources, and the level of prices.
The new neoclassical synthesis (NNS), which is occasionally referred as the New Consensus, is the fusion of the major, modern macroeconomic schools of thought – new classical macroeconomics/real business cycle theory and early New Keynesian economics – into a consensus view on the best way to explain short-run fluctuations in the economy.