Jonathon Hazell on Phillips Curves, Wage Rigidity, and How to Measure R-Star

Jonathon Hazell on Phillips Curves, Wage Rigidity, and How to Measure R-Star

Jonathon Hazell is an assistant professor of economics at the London School of Economics. Jonathon joins Macro Musings to talk about Phillips curves, R-stars, and nominal wage rigidity. Specifically, Jonathon and David also discuss the how to view the recent inflation experience, how to measure the natural rate using natural experiments, the downward nature of wage rigidity, and a lot more.

Transcript for this week's episode.

Jonathon's Twitter: @JADHazell

Jonathon's website

Jonathon's LSE profile

David Beckworth's Twitter: @DavidBeckworth

Follow us on Twitter: @Macro_Musings

Join the Macro Musings mailing list!

Check out our new Macro Musings merch!

Related Links:

*The Natural Rate of Return on Capital: Replication Package* by Jonathon Hazell, Veronica Backer-Peral, and Atif Mian

*The Slope of the Phillips Curve: Evidence From US States* by Jonathon Hazell, Juan Herreno, Emi Nakamura, and Jon Steinsson

*Measuring the Natural Rate Using Natural Experiments* by Veronica Backer-Peral, Jonathon Hazell, and Atif Mian

*Downward Rigidity in the Wage for New Hires* by Jonathon Hazell and Bledi Taska

*National Wage Setting* by Jonathon Hazell, Christina Patterson, Heather Sarsons, and Bledi Taska

*The Unemployment Volatility Puzzle: Is Wage Stickiness the Answer?* by Christopher Pissarides

Episoder(541)

45 – Hester Peirce on *Reframing Financial Regulation*

45 – Hester Peirce on *Reframing Financial Regulation*

Hester Peirce is a Senior Research Fellow at the Mercatus Center at George Mason University and director of Mercatus' Financial Markets Working Group. She joins the show to discuss the new Mercatus bo...

20 Feb 201755min

44 - Sebastian Mallaby on Alan Greenspan's Legacy

44 - Sebastian Mallaby on Alan Greenspan's Legacy

Sebastian Mallaby is a senior fellow at the Council on Foreign Relations and a contributing columnist for the Washington Post. Today, he joins the show to discuss his new book, *The Man Who Knew: the ...

13 Feb 201758min

43 – Eswar Prasad on Chinese Monetary Policy – Past and Present

43 – Eswar Prasad on Chinese Monetary Policy – Past and Present

Eswar Prasad is the Tolani Senior Professor of Trade Policy and Professor of Economics at Cornell University and a senior fellow at the Brookings Institution. He joins the show to discuss his new book...

6 Feb 20171h 2min

42 – Jesus Fernandez-Villaverde on European Economic History and Macroeconomic Modeling

42 – Jesus Fernandez-Villaverde on European Economic History and Macroeconomic Modeling

Jesus Fernandez-Villaverde is a professor of economics and director of graduate studies of economics at the University of Pennsylvania. He joins the show to discuss both his extensive work in economic...

30 Jan 20171h 2min

41 - Gauti Eggertsson on the Zero-Lower Bound and Liquidity Traps

41 - Gauti Eggertsson on the Zero-Lower Bound and Liquidity Traps

Gauti Eggertsson is a professor of economics at Brown University. Previously, he worked at the research departments at the International Monetary Fund and the Federal Reserve Bank of New York. He join...

23 Jan 20171h

40 - Anat Admati on Debt, Equity, and Financial Instability

40 - Anat Admati on Debt, Equity, and Financial Instability

Anat Admati is the George G.C. Parker Professor of Finance and Economics at Stanford University's Graduate School of Business and co-author of the book, *The Bankers' New Clothes: What's Wrong with Ba...

16 Jan 20171h 3min

39 - Allan Meltzer on the Monetarist Counterrevolution and Economic Reforms

39 - Allan Meltzer on the Monetarist Counterrevolution and Economic Reforms

In this week's special episode recorded in front of a live audience, David interviews the renowned monetary economist, Allan Meltzer. Meltzer, a professor of political economy at Carnegie Mellon Unive...

9 Jan 201753min

38 - Ylan Mui on the Fed Beat and Trumponomics

38 - Ylan Mui on the Fed Beat and Trumponomics

Ylan Mui covers White House economic policy for the Washington Post. Previously, she covered the Federal Reserve. Today, she joins the show to discuss what it is like to attend Fed press conferences a...

2 Jan 20171h

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-borsmorgen-okonominyhetene
rss-penger-polser-og-politikk
finansredaksjonen
livet-pa-veien-med-jan-erik-larssen
pengepodden-2
utbytte
rss-sunn-okonomi
tid-er-penger-en-podcast-med-peter-warren
morgenkaffen-med-finansavisen
pengesnakk
lederpodden
stormkast-med-valebrokk-stordalen
liberal-halvtime
lederskap-nhhs-podkast-om-ledelse
rss-politisk-preik
rss-markedspuls-2