105 – David Andolfatto on Inflation and the Phillips Curve

105 – David Andolfatto on Inflation and the Phillips Curve

David is the Vice President of the St. Louis Federal Reserve Bank, and has published widely in the field of monetary economics. He also writes for his blog, MacroMania, where he covers a multitude of economic topics. David joins the show today to discuss the economics behind the Phillips Curve, and to help provide a greater understanding of the debate surrounding it. They also discuss the mystery of low inflation in the United States, the excess money demand problem, and the important role debt plays within international monetary policy. David Beckworth's blog: macromarketmusings.blogspot.com David Beckworth's Twitter: @DavidBeckworth David Andolfatto's Twitter: @dandolfa David Andolfatto's blog: andolfatto.blogspot.com

Jaksot(541)

Isabel Schnabel on the ECB and its New Operational Framework

Isabel Schnabel on the ECB and its New Operational Framework

Isabel Schnabel is a Member of the Executive Board of the European Central Bank, and she joins David on Macro Musings to talk about the ECB and its new operational framework. Specifically, David and I...

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Andrew Levin and Christina Parajon Skinner on *Central Bank Undersight: Assessing the Fed's Accountability to Congress*

Andrew Levin and Christina Parajon Skinner on *Central Bank Undersight: Assessing the Fed's Accountability to Congress*

Andy Levin is a professor of economics at Dartmouth University and a former senior staffer at the Federal Reserve Board of Governors. Christina Parajon Skinner is a legal scholar at the University of ...

25 Maalis 202454min

Anat Admati on the US Banking System and the Basel III Endgame

Anat Admati on the US Banking System and the Basel III Endgame

Anat Admati is a professor of finance and economics at Stanford University and is the coauthor of the 2013 book, *The Bankers' New Clothes: What's Wrong With Banking and What to Do About It.* Anat is ...

18 Maalis 202456min

Steven Kamin and Mark Sobel on the Current State of Dollar Dominance

Steven Kamin and Mark Sobel on the Current State of Dollar Dominance

Steven Kamin is a senior fellow at the American Enterprise Institute, was previously the director of the Division of International Finance at the Federal Reserve Board, and is a returning guest to the...

11 Maalis 202456min

Peter Williams on Interest Rates, Term Premium, and the Importance of Inflation Expectations

Peter Williams on Interest Rates, Term Premium, and the Importance of Inflation Expectations

Peter Williams is a managing director of macroeconomic research at 22V Research and was formerly at the IMF and the World Bank. Peter joins David on Macro Musings to provide a market perspective on in...

4 Maalis 202457min

Bill Nelson on the Using the Discount Window for Liquidity Requirements and Its Implications for the Fed's Balance Sheet

Bill Nelson on the Using the Discount Window for Liquidity Requirements and Its Implications for the Fed's Balance Sheet

Bill Nelson is the chief economist and an executive vice president at the Bank Policy Institute. Bill previously was a deputy director of the Division of Monetary Affairs at the Federal Reserve Board,...

26 Helmi 202451min

Eric Leeper on *A Fiscal Accounting of COVID Inflation*

Eric Leeper on *A Fiscal Accounting of COVID Inflation*

Eric Leeper is a professor of economics at the University of Virginia, a former advisor to central banks around the world, and a distinguished visiting scholar at the Mercatus Center. Eric is also a r...

19 Helmi 20241h 1min

Jeffrey Lacker on Governance at the Federal Reserve

Jeffrey Lacker on Governance at the Federal Reserve

Jeffrey Lacker is a former president of the Federal Reserve Bank of Richmond, where he served as its head from 2004 to 2017. Jeffrey is now a senior affiliated scholar at the Mercatus Center and is al...

12 Helmi 202456min

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