Macroeconomics
The macroeconomics programme looks at the role of monetary and fiscal policy in stimulating growth and reducing output fluctuations. The first goal is to understand the main impediments to economic growth in the world’s poorest economies, and to design appropriate policies to enhance sustainable development. The second is to identify the sources and propagation mechanisms of economic fluctuations in developing economies and to propose policy responses to mitigate their effect on well-being. By understanding the sources of economic volatility and its economic effects, the research programme will also help develop suitable policy responses to shorter-term fluctuations.
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