Hints and tips:
...The beauty of the simple Bernanke-Blanchard model is its flexibility....
...Revisiting Bernanke and Blanchard I received a large postbag regarding last week’s newsletter on the causes of the great inflation using the framework developed by Olivier Blanchard and Ben Bernanke....
...It suggests excess demand was operating there (in addition to the supply chain problems that the Bernanke Blanchard model found)....
...What I’ve been reading and watching Olivier Blanchard at the Peterson Institute warns that higher interest rates make public finances much less sustainable....
...(My colleague Chris Giles recently wrote an excellent deep dive into this sort of exercise for a number of major economies — I have stolen, I mean reproduced, his chart below.)...
...Olivier Blanchard’s work at the IMF and Peterson Institute taught us this. But comfortably higher debt does not mean borrowing almost without limit....
...In the US, a recent paper from Ben Bernanke, former Federal Reserve chair, and Olivier Blanchard, former IMF chief economist, convincingly argues that a shock to energy and food prices alongside high levels...
...Former Fed chair Ben Bernanke and ex-IMF chief economist Olivier Blanchard have warned that wages need to rise at a similar pace to productivity growth to have any meaningful impact on inflation....
...He added that it would be a “grave error” for central banks or governments to raise inflation targets up from their 2 per cent levels, as some economists, including former IMF chief economist, Olivier Blanchard...
...One questioner, Chris Rugaber of the Associated Press, put his finger on the tension between the old Powell and the new Powell....
...One good read Chris Giles on the size of China’s economy....
...As Olivier Blanchard, former IMF chief economist, has warned, these might well keep price rises too high for too long....
...Olivier Blanchard, former chief economist at the IMF, said the statement had been a “textbook example of how not to design and not to sell a fiscal expansion”....
...Olivier Blanchard, former chief economist at the IMF, also warned of the risks of a bigger market reaction, saying the Budget had been a “textbook example of how not to design and not to sell a fiscal expansion...
...Given the insights of the IMF and of Blanchard, what can we say about what debt levels should be?...
...Blanchard’s solos delivered emotional power while Lionel Loueke conjured panoramic soundscapes from his effects-laden guitar....
...An important paper by Olivier Blanchard, Alex Domash and Lawrence Summers argues that this would be unprecedented....
...The working paper by former IMF chief economist Olivier Blanchard and colleagues noted that large capital inflows into an emerging economy — often brought about by high interest rates — can lead to “credit...
...Professor Olivier Blanchard of the Peterson Institute of International Economics and a former chief economist of the IMF, found he could not get excited by the prospect. “I may miss the vision thing....
...In a new paper on the economic effects of lockdowns in Europe, the authors Olivier Blanchard and Jean Pisani Ferry, said: “The evidence, however, is clear that these countries were able to contain [virus...
...Still it’s worth mentioning Summers’ and Blanchard’s view as neither are hawks....
...Chris Dillow is an economics commentator for Investors’ Chronicle...
...Olivier Blanchard, former IMF chief economist who ignited the global fiscal stimulus debate in 2019 with his presidential address to the American Economics Association, accepts that he is known to be supportive...
...“The issuance of debt without a later increase in taxes may well be feasible,” Prof Blanchard said in January 2019....
...The possibility, as Olivier Blanchard, former chief economist of the IMF has outlined, would arise from the combination of a very large increase in public debt, a rise in the underlying interest rate required...
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