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WITGT21 Interviews

The mission of this interview series is to talk to elite economists and ask them what is their views on the evolutions of macroeconomics since the Great Recession. We would introduce some of the new macroeconomics ideas which top economists are pondering in the last ten years. Hopefully, this should give us a good survey on how much macroeconomics, as a science, as the basis of policy tools, has improved (or worsened) since 2008.

What have economists learned from the Great Recession? What else can we try? Does Inequality have a role in Macro of the 21st Century? Does Debt have a role in Marco of the 21st Century? Does Politics have a role in Macro of the 21st Century?

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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.
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The effects of Unconventional Exchange Rate and Monetary Policy | Q&A with Joseph Gagnon

The honorable guest for this installment is Joseph E. Gagnon, senior fellow at Peterson Institute for International Economics (PIIE). We discussed one of his latest research paper "Unconventional Monetary and Exchange Rate Policies" and the new book he coauthored with C. Fred Bergsten, "Currency Conflict and Trade Policy: A New Strategy for the United States". Gagnon also shared his view on the very popular "Global Financial Cycle" ideas.
Atif Mian WITGT Cover

Major Shifts in Macroeconomics Since the Great Recession | Interview with Atif Mian

Atif Mian, co-author of House of Debt, discusses what he thinks are the "revolutionary" changes in macroeconomic academia since the Great Recession.

How to use Interest on Reserve for Inflation Targeting? | Q&A with Ricardo Reis...

This is the eighth installment of our interview series “Where is the General Theory of the 21st Century?” In this installment, we continue our talk...
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Politics and the Economics of Banking Crises | Q&A with Charles Calomiris |

In this installment, we continue our discussion with Prof. Charles Calomiris, Henry Kaufman Professor of Financial Institutions at Columbia Business School. The topic of this installment is the missing role of politics in economics models of banking crises. We also discussed if Calomiris thinks macroeconomics has a similar problem.

How the Game of Bank Bargains Created the Financial Crisis? | Q&A with Calomiris...

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...

US needs large-scale Covid testing urgently: Nobel winning economist Paul Romer

In an exclusive interview with EconReporter on Tuesday, Romer, co-recipient of the 2018 Nobel Prize in Economics Science, urged the US to adopt large-scale testing immediately to halt this most detrimental economic slump ever since the Great Depression in the 1930s.

DSGE model and the State of Macroeconomics | Q&A with Olivier Blanchard |

In this interview, Blanchard discussed his view on the role of DSGE model in modern Macroeconomics and policymaking. He also explained his decision to rewrite his macroeconomics textbooks after the Great Recession. His recent research on hysteresis was also discussed.
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Global Inequality and Kuznets Waves | Q&A with Branko Milanovic |

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...

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...

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.