Tag: New Keynesian Economics
How often companies in Eurozone change their prices?
An ECB survey found that the retailers review and change their prices most often, while consumer and business service firms adjust their pricing the least often. Firms in the manufacturing sector, meanwhile, have a price adjustment frequency somewhere in between the above sectors
How to Maintain Prosperity for All | Interview with Roger Farmer
Roger Farmer explains : Why central banks should consider stock market intervention in stabilizing the employment markets?
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.
Interviews
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...
Performance of Macroeconomics is not that bad! | Q&A with Ricardo Reis |
In the interview, Ricardo Reis discuss with us his latest research project - "Reservism", the study of the role of reserves on central bank balance sheets and their implications for central bank solvency, quantitative easing, and the ability to control inflation.
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.
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.