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    Divine coincidence

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    Published on Monday, November 23, 2015

    Divine coincidence

    Summary

    Some years ago, the economists Jordi Galí and Olivier Blanchard showed that , under some conditions, central banks can simultaneously stabilize inflation and activity, without any conflict between these two objectives.

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    Miguel Cardoso BBVA Research - Chief Economist

    Documents and files

    Press article (EPUB)

    67403_102423.epub

    Spanish - November 23, 2015

    Press article (PDF)

    67403_102423.pdf

    Spanish - November 23, 2015

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