Blanchard, Gali and Woodford, "central architects of the New Keynesian paradigm," win BBVA Award for integrating “monopolistic competition and nominal and real rigidities into dynamic general equilibrium models with rational expectations.”
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A personal note: Olivier was my thesis advisor, and he's brilliant, kind, thoughtful, and devoted to creating public policy that works for the greater good.
He's a mentor I've adored, although I still spend sleepless nights worrying about living up to his expectations.
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He's a mentor I've adored, although I still spend sleepless nights worrying about living up to his expectations.