India is a bright spot, should make labour market more flexible: Nobel Laureate Lars Peter Hansen

July 27, 2016

Monetary policy alone cannot be expected to cure economic ailments, said University of Chicago economics professor Lars Peter Hansen, one of the three recipients of the Nobel Prize in 2013, and an expert on linkages between financial markets and the broader macroeconomy. In an interview with Nishanth Vasudevan, Hansen, who was in Mumbai on Monday for an ISB event, said there is some evidence of India being a bright spot globally.

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