Insights on the Economy

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

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.

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...

Roger Farmer explains : Why central banks should consider stock market intervention in stabilizing the employment markets?