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How to Reform the Federal Reserve System? | Q&A with Kocherlakota |

Welcome to the latest installment of our interview series “Where is the General Theory of the 21st Century?”“Where is the General Theory of the 21st Century?” is an interview series which we ask top...
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What is Neo-Fisherian and FTPL? | Q&A with John Cochrane |

Cochrane discusses with us his view on the development in Macroeconomics since the Great Depression. He also explains what Neo-Fisherian and Fiscal Theory of Price Level are, and why they are important for understanding the current economic situation around the world.

Market Monetarism and Macroeconomics | Q&A with Scott Sumner |

This is the second installment of our interview series "Where is the General Theory of the 21st Century?".In this second installment, we continue our discussion with Prof. Scott Sumner, the Ralph G. Hawtrey...
The Midas Paradox Cover

Midas Paradox and the Great Depression | Q&A with Scott Sumner |

Welcome! This is the first installment of our interview series "Where is the General Theory of the 21st Century?""Where is the General Theory of the 21st Century?" is an interview series with the aim...

Global Economy

Interviews

Why the Fed should Keep a Sizeable Balance Sheet? | Q&A with Jeremy...

Jeremy Stein, former Federal Reserve governor, talks to us about his recent research “The Federal Reserve's Balance Sheet as a Financial-Stability Tool” and why the Fed should maintain a sizeable balance sheet.

Understanding the Great Recession | Interviews with Larry Christiano |

Larry Christiano, one of the most prominent researcher on DSGE model, explains what his research "Understanding the Great Recession" tell us about the Great Recession as well as labor participation rate's role in the developments of the Great Recession.

A Macroeconomic Earthquake | Q&A with Larry Christiano

In this interview, Prof Christiano shared his view on the development of post-2008 academic macroeconomics. We’ve asked Prof Christiano does he agree that modern macroeconomic models are too complicated for the general public, or even policymakers and if he agrees that economic models should be “simpler”. Does he think the recent revival of ISLM model a “good trend”? Should Macroeconomists hang on their faith in DSGE models? Should they explore alternative paths?

Why Yellen should have stayed as Fed Governor? | Interview with Conti-Brown

Peter Conti-Brown, author of one of the best book about the institution of Fed, "The Power and Independence of the Federal Reserve", explains what Jay Powell's nomination means to the Fed independence and why Janet Yellen should have stay as governor after his Chair term ended.