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Latest Post
FedSpeak Might Not Have Much Effects on Public’s Inflation Expectation
In a recent NBER working paper "Monetary Policy Communications and their Effects on Household Inflation Expectations", economists Olivier Coibion, Yuriy Gorodnichenko and Michael Weber tried to find out how the household's expectation for inflation change with regard to the information they received.
Where is the General Theory of the 21st Centruy?
Further Discussed
Why Kocherlakota is Disappointed with Post-Great Recession Macroeconomics?
01:13
Larry Christiano on whether there is a "Keynesian Revolution" after the Great Recession?
01:41
Why don't we have another breakthrough in Macroeconomics after the Great Recession? --- Scott Sumner
01:23
"There was no Liquidity Trap in the Great Depression" --- Interview with Scott Sumner
00:58