Fall 2015 Brookings Panel on Economic Activity Weblogging: Greece: Ioannides and Pissarides

Fall 2015 BPEA Th 4:30 PM: Ioannides and Pissarides seem to me to provide yet one more argument that the right policy in 2010 was Grexit so that external balance could be achieved via depreciation–that given structural impediments to productivity growth and the predictable consequences of austerity and internal deflation, nothing else had a chance of working.

So what was the plan and expectation back in 2010?

September 10, 2015

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