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Secular Stagnation and Macroeconomic Policy
What is the Future of Monetary Policy?
The Brilliance of Renowned Economist Olivier Blanchard
In this Washington Post feature on OLIVIER BLANCHARD you'll find golden nuggets of insight about why Blanchard is one of the world's most respected economists. Excerpt: “Olivier is one of those rare academics who deserve to have a license to practice,” said the IMF’s first deputy managing director. “The world is full of economists who are willing to believe only what they can prove. We don’t have that luxury here. What we do has to be based not just on what we know but on our judgment about what we don’t know. Let’s just say we came to trust Olivier’s judgment.”
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Olivier Blanchard is a preeminent economist
As a Senior Fellow at the Peterson Institute of International Economics, Olivier Blanchard is a prolific analyst and commentator on economic events including monetary policy, labor and employment, financial crises, and transition economies.
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Olivier Blanchard is a former Chief Economist at the International Monetary Fund
A former Chief Economist and Economic Counsellor and Director of the Research Department at the International Monetary Fund, Olivier Blanchard has worked with numerous countries and international organizations on a wide set of issues, from the role of monetary policy, to the nature of speculative bubbles, to the nature of the labor market and the determinants of unemployment, to transition in former communist countries, and to forces behind the recent global crisis. Olivier Blanchard can share deep insights on the systemic changes that will come from Brexit.
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A citizen of France, Olivier Blanchard has spent most of his professional life in Cambridge, U.S. After obtaining his Ph.D in economics at the Massachusetts Institute of Technology in 1977, he taught at Harvard University, returning to MIT in 1982. He was chair of the economics department from 1998 to 2003. In 2008, he took a leave of absence to be the Economic Counsellor and Director of the Research Department of the International Monetary Fund. Since October 2015, he is the Fred Bergsten Senior Fellow at the Peterson Institute for International Economics, in Washington. He also remains Robert M. Solow Professor of Economics emeritus at MIT.
He is a macroeconomist, who has worked on a wide set of issues, from the role of monetary policy, to the nature of speculative bubbles, to the nature of the labor market and the determinants of unemployment, to transition in former communist countries, and to forces behind the recent global crisis. In the process, he has worked with numerous countries and international organizations. He is the author of many books and articles, including two textbooks in macroeconomics, one at the graduate level with Stanley Fischer, one at the undergraduate level.
He is a past editor of the Quarterly Journal of Economics, of the NBER Macroeconomics Annual, and founding editor of the AEJ Macroeconomics. He is a fellow and past council member of the Econometric Society, a past vice president of the American Economic Association, and a member of the American Academy of Sciences.
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