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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?

Cover Photo with Calomiris

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.

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.
John Cochrane Cover Photo

Fiscal Theory of Price Level and State of Macroeconomics | Q&A with John Cochrane...

John Cochrane talks about Fiscal Theory of Price Level and how can we apply this theory on the current macroeconomy.

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.

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...
Branko Milanovic Cover 2

Is Inequality part of Macroeconomics? | Interview with Branko Milanovic |

Branko Milanovic discusses whether the study of inequality can be considered as part of macroeconomics and how should macroeconomists incorporate his idea of Kuznets Waves into their models.

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.
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.
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...

Global Economy

Interviews

Blanchard Cover Photo

The model you should use to explain Macroeconomics to your Mum | Q&A with...

>Professor Olivier Blanchard further explained the role empirical research on DSGE models, how to teach undergraduates macro after the Great Recession, and his research on hysteresis.