Marijn Bolhuis on Fiscal R-star and its Implications for Macroeconomic Policy

Marijn Bolhuis is an economist in the World Economic Studies Division of the IMF’s research department. In Marijn’s first appearance on the podcast he discusses his new paper, which introduces the idea of a fiscal r-star, and expands on another paper which helps economists understand why consumer sentiment is so depressed, despite relatively low unemployment and inflation coming back to target.

Check out the transcript for this week’s episode, now with links.

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Timestamps:

(00:00:00) – Intro

(00:01:38) – Marijn Bolhuis’ Career Path

(00:06:02) – Fiscal R-Star

(00:45:30) – Cost of Money and Consumer Sentiment

(00:51:43) – Outro