Visiting Scholars, April–June 2010

This paper analyzes the link between economic growth and structural reforms. The paper highlights that as the recovery from the financial crisis firms up, many country authorities will turn their focus from short-term stabilization policies to more structural policies to spur long-term potential growth. The paper discusses that the global financial crisis has affected growth in countries of all income levels and has led to substantial output losses that in many cases could be permanent. The paper also presents a discussion on monetary policy and asset prices.

Abstract

This paper analyzes the link between economic growth and structural reforms. The paper highlights that as the recovery from the financial crisis firms up, many country authorities will turn their focus from short-term stabilization policies to more structural policies to spur long-term potential growth. The paper discusses that the global financial crisis has affected growth in countries of all income levels and has led to substantial output losses that in many cases could be permanent. The paper also presents a discussion on monetary policy and asset prices.

Laurence Ball; Johns Hopkins University; 5/17/10–8/31/10

Vidhi Chhaochharia; University of Miami; 6/1/10–7/30/10

Lawrence Christiano; Northwestern University; 4/12/10–4/29/11

Kevin Clinton; 4/29/10–4/29/11

Peter DeVries; 5/3/10–5/28/10

Charles Freedman; Carleton University; 4/30/10–4/29/11

Marcella Lucchetta; 3/11/10–9/10/10

Peter Montiel; Williams College; 5/17/10–5/21/10

Peter Pedroni; Williams College; 5/17/10–5/21/10

Chris Rodrigo; 2/27/10–12/31/10