Macroeconomics

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  1. Progressive Neoliberalism: Biden’s Economics, Distribution, and Inflation

    By Nelson Henrique Barbosa Filho and Lance Taylor

    Sep 30, 2021

    What does Biden’s economic policy mean for the future?

  2. Working Paper

    Market Participants Neither Commit Predictable Errors nor Conform to REH

    By Roman Frydman and Josh Stillwagon

    Sep 2021

    Evidence from Survey Data of Inflation Forecasts

  3. Why the Rich Get Richer and Interest Rates Go Down

    By Servaas Storm

    Sep 13, 2021

    Going Down the Rabbit Hole at Jackson Hole

  4. Productive Bubbles

    By William Janeway

    Jul 28, 2021

    Occasionally, financial speculation fastens onto transformational technologies that have the potential to create a genuinely new economy.

  5. Debt Talks Episode 8 | Public Debt: How Much is Too Much?

    with Rüdiger Bachmann, Claudia Sahm, Ludwig Straub; moderated by Moritz Schularick

    Webinar

    Hosted by Private Debt

    Jun 29, 2021

    Where are the US and Europe now and where could they be going?

  6. Standard Inflation Theory Leaves Out Social Conflict and Costs

    By Lance Taylor and Nelson Henrique Barbosa Filho

    Jun 10, 2021

    What That Means For Biden’s Inflation Policy Trilemma

  7. What Bagehot Means for 21st Century Central Bankers

    By Laurent Le Maux

    Jun 8, 2021

    Is Victorian writer Walter Bagehot, whose adage “lending freely against good collateral at a penalty rate” has been gospel for central bankers, still relevant in a post-Great Financial Crisis world?

  8. Working Paper Series

    Bagehot for Central Bankers

    By Laurent Le Maux

    Jun 2021

    Is Victorian writer Walter Bagehot, whose adage “lending freely against good collateral at a penalty rate” has been gospel for central bankers, still relevant in a post-Great Financial Crisis world?

  9. Slack in the Economy, Not Inflation, Should Be Bigger Worry

    By Claudia Fontanari, Antonella Palumbo, and Chiara Salvatori

    May 19, 2021

    Despite fear-mongering about the latest Consumer Price Index, unemployment remains elevated and stimulus is needed to prevent a collapse in demand

  10. Working Paper Series

    The Updated Okun Method for Estimation of Potential Output with Broad Measures of Labor Underutilization: An Empirical Analysis

    By Claudia Fontanari, Antonella Palumbo, and Chiara Salvatori

    May 2021

    Despite fear-mongering about the latest Consumer Price Index, unemployment remains elevated and stimulus is needed to prevent a collapse in demand

  11. Long-Term Unemployment Is Reversible

    By Walter Paternesi Meloni, Davide Romaniello, and Antonella Stirati

    Apr 26, 2021

    Contrary to the New Keynesian paradigm, long-term unemployment can be reversed without a significant uptick in inflation

  12. Working Paper Series

    On the Non-Inflationary Effects of Long-Term Unemployment Reductions

    By Walter Paternesi Meloni, Davide Romaniello, and Antonella Stirati

    Apr 2021

    Contrary to the New Keynesian paradigm, long-term unemployment can be reversed without a significant uptick in inflation

  13. Austerity Raises Covid Deaths

    By Servaas Storm

    Mar 26, 2021

    Mortality and economic data show how constraints to government spending and a skepticism of redistributive policies have made the pandemic far worse

  14. Working Paper Series

    Lessons for the Age of Consequences: COVID-19 and the Macroeconomy

    By Servaas Storm

    Mar 2021

    Mortality and economic data show how constraints to government spending and a skepticism of redistributive policies have made the pandemic far worse

  15. The Economics of the 2021 American Rescue Plan

    By Anton Korinek and Gosia Glinska

    Mar 18, 2021

    How to Get Relief to Those Who Need It. Gosia Glinska in Conversation with Anton Korinek