Antonio Fatás on Hysteresis and the Business Cycle

Antonio Fatás on Hysteresis and the Business Cycle

Antonio Fatás is a professor of economics at INSEAD, an international business school with campuses in Singapore, France, and Abu Dhabi. Antonio joins David on Macro Musings to talk about hysteresis and the business cycle. Specifically, David and Antonio discuss the history of the academic literature on business cycle and trend, the impact of the Kydland and Prescott model, and how endogenous growth models play into hysteresis.

Support Macro Musings and get a free NGDP targeting mug:

https://donate.mercatus.org/mug/?utm_source=shownotes&utm_medium=hyperlink&utm_campaign=mug

Transcript for the episode can be found here.

Antonio's INSEAD profile: https://faculty.insead.edu/fatas/

Antonio's Twitter: @AntonioFatas

Related Links:

*Hysteresis and the Business Cycle* by Valerie Cerra, Antonio Fatás, and Sweta Saxena

https://faculty.insead.edu/fatas/hysteresis.pdf

*Time to build and aggregate fluctuations* by F.E. Kydland and E.C. Prescott

https://www.jstor.org/stable/1913386?seq=1

*The Dynamic Effects of Aggregate Demand and Supply Disturbances* by Olivier Jean Blanchard and Danny Quah

https://www.jstor.org/stable/1827924?origin=JSTOR-pdf&seq=1

David's blog: macromarketmusings.blogspot.com

David's Twitter: @DavidBeckworth

Episoder(542)

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

37 - Laura Birg and Anna Goeddeke on Christmas Economics

37 - Laura Birg and Anna Goeddeke on Christmas Economics

In this week's special episode, David discusses the economics of Christmas with Laura Birg, a post-doctoral researcher at the University of Goettingen, and Anna Goeddke, a professor of economics at th...

19 Des 201654min

36 - The Macroeconomics of Star Wars and Star Trek

36 - The Macroeconomics of Star Wars and Star Trek

In this week's special episode, David compares and contrasts the economics of the Star Wars and Star Trek universes. He is joined by Zachary Feinstein, an Assistant Professor at Washington University ...

12 Des 201658min

35 - Peter Conti-Brown on *The Power and Independence of the Federal Reserve*

35 - Peter Conti-Brown on *The Power and Independence of the Federal Reserve*

Peter Conti-Brown is an Assistant Professor at The Wharton School of the University of Pennsylvania. He joins the show to discuss his new book, *The Power and Independence of the Federal Reserve,* whi...

5 Des 20161h 7min

34 – JP Koning on Goldbugs, African Monetary History, and Fedcoin

34 – JP Koning on Goldbugs, African Monetary History, and Fedcoin

JP Koning is an economic consultant and writer. He joins the show to discuss fascinating stories in monetary history in Libya, Zimbabwe, and Switzerland. He also shares his thoughts on Blockchain tech...

28 Nov 201659min

33 - Mark Calabria on Housing Policy and the Behavioral Case for Monetary Rules

33 - Mark Calabria on Housing Policy and the Behavioral Case for Monetary Rules

Mark Calabria is the director of Financial Regulation Studies at the Cato Institute. Before joining Cato in 2009, he worked as a member of the senior staff of the U.S. Senate Committee on Banking, Hou...

21 Nov 20161h 6min

32 - Roger Farmer on the Natural Rate of Unemployment Hypothesis and Prosperity for All

32 - Roger Farmer on the Natural Rate of Unemployment Hypothesis and Prosperity for All

Roger Farmer is a Distinguished Professor of Economics at UCLA. He joins the show to discuss his new book, Prosperity for All: How to Prevent Financial Crises. He and David also discuss his criticism ...

14 Nov 201658min

31 – Mark Koyama on the Macroeconomics of Ancient Rome

31 – Mark Koyama on the Macroeconomics of Ancient Rome

Mark Koyama is an Assistant Professor of Economics at George Mason University and a Senior Fellow at George Mason University's Mercatus Center. He joins the show to discuss his research on the economi...

7 Nov 20161h 2min

Populært innen Business og økonomi

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