Olivier Blanchard

Olivier Jean Blanchard (born 27 December 1948 in Amiens, France) is a professor of economics at the Massachusetts Institute of Technology. He is regarded as Keynesians. Since September 2008, Blanchard is chief economist of the International Monetary Fund.


His first years of study, he graduated to 1972 in France. In 1977 he was awarded a Ph.D. in economics from the Massachusetts Institute of Technology. After he taught from 1977 to 1983 at Harvard University, he returned to MIT to teach as Professor of Macroeconomics and conduct research. Between 1998 and 2003 Blanchard served as chairman of economics at MIT. He is also a consultant to the Federal Reserve banks in Boston (since 1995) and New York ( since 2004). He currently sits in the French Council of the " economic experts ". Since September 2008, Blanchard is chief economist of the International Monetary Fund. Blanchard spoke in early 2010 with the mission statement economic policy think again new for a course change towards an anti-cyclical fiscal policy, in order to compensate necessarily occurs Marktinstablititäten.


Blanchard has published numerous research papers and studies and macroeconomic textbooks written (including Macroeconomics, one of the world 's best-selling textbooks on the subject ). His research interests range from the impact of fiscal policy on economic development and the emergence of speculative bubbles on unemployment in Western Europe, and the introduction of a market economy in Eastern Europe.

Private life

Blanchard has the French and American citizenship. He lives with his wife Noelle Blanchard in Cambridge, Massachusetts. The couple has three daughters.


  • Zs with Gerhard Illing: Macroeconomics. 5th edition. Pearson Education, Inc. Publishing 2009, ISBN 978-3827373632.