Olivier Blanchard zählt zu den weltweit renommiertesten Makroökonomie-Experten. Neben seiner Lehrtätigkeit in Harvard und am Massachussets Institute of Technology (MIT) war er für mehrere Regierungen und Internationale Organisationen tätig, u.a. für den IWF, die OECD und die EU-Kommission. Er ist Chairman of the Department of Economics am MIT.
CORE Introduction
1. A tour of the world
2. A tour of the book
3. The goods market
4. Financial markets
5. Goods and financial markets: the IS-LM model
6. Financial markets II: the extended IS-LM model
7. The labour market
8. The Phillips curve, the natural rate of unemployment and inflation
9. From the short to the medium run: the IS-LM-PC model
10. The COVID economic crisis
11. The facts of growth
12. Saving, capital accumulation and output
13. Technological progress and growth
14. The challenges of growth
15. Financial markets and expectations
16. Expectations, consumption and investment
17. Expectations, output and policy The open economy
18. Openness in goods and financial markets
19. The goods market in an open economy
20. Output, the interest rate and the exchange rate
21. Exchange rate regimes Back to policy
22. Should policy makers be restrained?
23. Fiscal policy: a summing up
24. Monetary policy: a summing up
25. Epilogue: the story of macroeconomicsAppendix 1 An introduction to
national income and product accountsAppendix 2 A maths
refresherAppendix 3 An introduction to econometricsGlossarySymbols
used in this book