Macro Musings with David Beckworth27 Tammi 2020

Joseph Gagnon on Central Banks' Ability to Fight the Next Recession

Joseph Gagnon is a senior fellow at the Peterson Institute for International Economics and formerly, a senior staffer at the Federal Reserve Board of Governors. Joseph is also a returning guest to Macro Musings, and he joins the show today to discuss his recent policy brief titled, "Are Central Banks Out of Ammunition to Fight a Recession? Not quite." Specifically, David and Joseph discuss the variety of monetary policy tools available to central banks to combat the next recession (with special emphasis on the Federal Reserve, European Central Bank, and Bank of Japan). Joseph also makes the case that the ECB should adopt a formal review of its monetary policy framework.

Transcript for the episode: https://www.mercatus.org/bridge/podcasts/01242020/joseph-gagnon-central-banks%E2%80%99-ability-fight-next-recession

Joseph's Twitter: @GagnonMacro

Joseph's PIIE profile: https://www.piie.com/experts/senior-research-staff/joseph-e-gagnon

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Ellen Correia Golay on All-to-All Trading and Treasury Market Liquidity

Ellen Correia Golay is a lead Treasury advisor in the markets group at the Federal Reserve Bank of New York. Ellen returns to the program to discuss the lessons of the March 2020 "dash for cash," how ...

21 Syys 47min

Nellie Liang on Stablecoins After GENIUS, Private Money, and the Global Dollar

Nellie Liang is a former Treasury and Federal Reserve official and a senior fellow at the Brookings Institution. In Nellie's first appearance on the show, she discusses the future of stablecoins follo...

14 Syys 50min

Stephen Miran on Regulatory Dominance, Shrinking the Fed's Balance Sheet, and the Return of Monetarism

Stephen Miran is a former governor of the Federal Reserve, a former chairman of the Council of Economic Advisers under President Donald J. Trump, and currently a senior strategist for Hudson Bay Capit...

7 Syys 55min

Donald Kohn on the Fed's Past, Present, and Future

Donald Kohn is a 40-year veteran of the Federal Reserve System and a senior fellow in the Economic Studies program at the Brookings Institution. Don returns to the program to discuss the lessons of th...

31 Elo 1h 9min

Ben Harris on AI, Fiscal Sustainability, and the Resilience of the U.S. Economy

Ben Harris is vice president and director of economic studies at the Brookings Institution and previously served in senior economic policy roles at the Treasury Department and Council of Economic Advi...

24 Elo 57min

Bill Nelson on Shrinking the Fed's Balance Sheet and Reviving Interbank Markets

Bill Nelson is chief research officer and chief economist at the Bank Policy Institute and a former deputy director of the Division of Monetary Affairs at the Federal Reserve Board. In Bill's 11th app...

17 Elo 55min

Gianluca Benigno on Central Bank Balance Sheets, Stablecoins, and Nonlinear Inflation

Gianluca Benigno is a professor of economics at the University of Lausanne. Previously, he was a senior economist at the Federal Reserve Bank of New York and an economist at the Bank of England. Gianl...

10 Elo 54min

Barry Eichengreen, Paul Blustein, and Brendan Greeley on Dollar Dominance

Barry Eichengreen is a is well known author, economist, and economic historian from the University of California, Berkeley. Paul Blustein is a former Washington Post and Wall Street Journal journalist...

3 Elo 58min