'Why central bankers should read economic history'. >a short essay on the potential contributions of economic history to monetary policy-making. 1/5
booksandideas.net/Why-Central-Ba… The virtue of history is not only to improve economic models and quantitative studies, but to provide a perspective distinct from standard economic reasoning. I distinguish the "indirect" contribution of econ. history (i.e. enrich theory, enlarge empirical datasets) from ...2/5

1/6 With Damien Puy, we make public our quarterly dataset of macro & financial data since 1950. It covers Real GDP (37 countries), Credit (45), Consumer Prices (48), Stock Prices (26), and Bond yields (18). We use it for our paper on global cycles. imf.org/en/Publication… 2/6 We extend considerably existing quarterly macro-financial international datasets, thanks to a systematic use of IFS paper volumes (published by @IMFNews since 1948). Most was not available online. Presented at @nberpubs thanks to G.Hale & M.Klein conference.nber.org/sched/SI20IFMDS