Tag: Central Bank
Fed’s swap lines help easing Covid-era global dollar shortage
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Countries with swap line arrangement with Federal Reserve, be it the standing ones or temporary, saw smaller increases in spread during the initial pandemic stress period.
Global Economy
Interviews
Understanding the Great Recession | Interviews with Larry Christiano |
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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.
DSGE model and the State of Macroeconomics | Q&A with Olivier Blanchard |
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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.
Why Yellen should have stayed as Fed Governor? | Interview with Conti-Brown
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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.
How to Maintain Prosperity for All | Interview with Roger Farmer
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Roger Farmer explains : Why central banks should consider stock market intervention in stabilizing the employment markets?