body {overflow: hidden;} .js-needed-message {position: fixed; z-index: 999; width: 100%; height: 100%; background-color: rgba(0, 0, 0, 0.5); } .js-needed-message p {color: #444; width: 50%; padding: 30px; position: relative; top: 40%; left: 25%; pointer-events: auto; background-color: #fff; background-clip: padding-box; border: 1px solid rgba(0, 0, 0, 0.2); border-radius: 0.3rem; outline: 0; }

Enable JavaScript in your browser to view this website correctly.

Close panel

EN
ES

Compartir RRSS Cerrar RRSS

Published on Monday, November 23, 2015

Divine coincidence

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.

Documents to download

Press article (EPUB)

67403_102423.epub Spanish November 23, 2015
- Copy link
Press article (PDF)

67403_102423.pdf Spanish November 23, 2015
- Copy link

Authors

Miguel CardosoBBVA Research - Chief Economist

Geographies

Geography Tags
Spain

Topics

Topic Tags
Macroeconomic Analysis

Tags

Tags
Inflation
GDP

Was this information useful?

Comments

Be the first to add a comment.

You may also be interested in