Quote from: Change Topic

The most effective way to shake an economy out of a terrible downturn when we're at the zero lower bound is an aggressive change in policy that makes people wake up, say 'this is a new day' and change their expectations.


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Author Bio


  • NameChristina Romer
  • Descriptioneconomist
  • BornDecember 25, 1958
  • CountryUnited States Of America
  • ProfessionEconomist
  • AwardsGuggenheim Fellowship