> In the 2000s, more precisely, a few months after 9/11 shook the
> markets, at the 2002 annual meeting of the AEA in Washington DC, in
> the panel on the World Bank and the IMF to be more exact, Caballero
> (Krugman was there too) went over his idea and made the normative
> argument in favor of decoupling.
No, it wasn't 2002, but 2003. I need a fact checker and a proofreader.