Peter Ireland on the Fed's Pandemic Performance and the Path Forward for Monetary Policy

Peter Ireland on the Fed's Pandemic Performance and the Path Forward for Monetary Policy

Peter Ireland is a professor of economics at Boston College, a research associate at the National Bureau of Economic Research, and a member of the Shadow Open Market Committee. Peter has also been a visiting scholar at numerous Federal Reserve Banks and is a returning guest to the podcast. He rejoins Macro Musings to talk about U.S. monetary policy during the pandemic and what the path forward looks like for the Fed and the policy landscape. David and Peter also discuss the current state of macroeconomics, including the most influential and popular business cycle theories, the present direction of policy macro, and whether or not the Fed's current framework should shoulder blame for its pandemic policy missteps.

Take the Macro Musings listener survey here.

Transcript for the episode can be found here.

Peter's Twitter: @PIrelandEcon

Peter's Boston College profile: https://www.bc.edu/bc-web/schools/mcas/departments/economics/people/faculty-directory/peter-ireland.html

Related Links:

*The Continuing Case for Nominal GDP Level Targeting* by Peter Ireland

http://irelandp.com/papers/somc202204.pdf

*Targeting Nominal Income Under the Zero Lower Bound: The Case of the Bank of England* by Michael Belongia and Peter Ireland

https://centerforfinancialstability.org/amfm/studies/ukngdp2021.pdf

*Strengthening the Second Pillar: A Greater Role for Money in the ECB's Strategy* by Michael Belongia and Peter Ireland

http://irelandp.com/papers/eurongdp.pdf

*Facts, Fears, and Functionality of NGDP Level Targeting: A Guide to a Popular Framework for Monetary Policy* by David Beckworth

https://www.mercatus.org/system/files/beckworth-ngdp-targeting-mercatus-special-study-v2.pdf

*How to Ensure That Inflation Will Remain at the Federal Reserve's 2 Percent Target* by Robert Hetzel

https://www.mercatus.org/publications/monetary-policy/how-ensure-inflation-will-remain-federal-reserve%E2%80%99s-2-percent-target

David's blog: macromarketmusings.blogspot.com
David's Twitter: @DavidBeckworth

Episoder(542)

Nathan Tankus on the Future of MMT and How to Avoid U.S. Debt Default

Nathan Tankus on the Future of MMT and How to Avoid U.S. Debt Default

Nathan Tankus is a popular writer for a newsletter titled, *Notes on the Crises* and is the research director of the Modern Money Network. Nathan is also a returning guest to Macro Musings, and he rej...

8 Mai 20231h 8min

Brian Sack on the Fed's Balance Sheet and How to Improve the Floor Operating System

Brian Sack on the Fed's Balance Sheet and How to Improve the Floor Operating System

Brian Sack was recently the Director of Global Economics at the D.E. Shaw Group, and prior to that, he was the manager of the System Open Market Account or SOMA and the head of the Markets Group at th...

1 Mai 202347min

Mark Calabria on *Shelter From the Storm: How a COVID Mortgage Meltdown Was Averted*

Mark Calabria on *Shelter From the Storm: How a COVID Mortgage Meltdown Was Averted*

Mark Calabria was the Director of the Federal Housing Finance Agency and prior to that, he was formerly a chief economist for Vice President Mike Pence. Mark is also a previous guest of Macro Musings,...

24 Apr 202355min

BONUS: George Hall on Financing World War II and Managing Post-War Debt

BONUS: George Hall on Financing World War II and Managing Post-War Debt

George Hall is a professor of economics at Brandeis University, and was formerly an economist at the Chicago Federal Reserve Bank. In this bonus segment from the previous conversation, George rejoins ...

19 Apr 202319min

George Hall on the History of the U.S. National Debt and Government Financing

George Hall on the History of the U.S. National Debt and Government Financing

George Hall is a professor of economics at Brandeis University, and was formerly an economist at the Chicago Federal Reserve Bank. George has written widely on the history of U.S. public finance, and ...

17 Apr 202349min

Bill Nelson on the Fed's Discount Window Lending, the Overnight Reverse Repo Facility, and the Shifting Size of the Fed's Balance Sheet

Bill Nelson on the Fed's Discount Window Lending, the Overnight Reverse Repo Facility, and the Shifting Size of the Fed's Balance Sheet

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

10 Apr 202354min

Kate Judge and Peter Conti-Brown on the Lessons Learned from the 2023 Banking Panic

Kate Judge and Peter Conti-Brown on the Lessons Learned from the 2023 Banking Panic

Kate Judge is a professor of law at Columbia Law School and the editor of the Journal of Financial Regulation, and Peter Conti-Brown is an associate professor of financial regulation and the co-direct...

3 Apr 202356min

Brian Riedl on the Current and Future Outlook for US Public Finance and Budget Reform

Brian Riedl on the Current and Future Outlook for US Public Finance and Budget Reform

Brian Riedl is a senior fellow at the Manhattan Institute where he focuses on budget, tax, and economic policy issues. Previously, he worked for six years as chief economist for Senator Rob Portman of...

27 Mar 202353min

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
utbytte
pengesnakk
tid-er-penger-en-podcast-med-peter-warren
pengepodden-2
stormkast-med-valebrokk-stordalen
morgenkaffen-med-finansavisen
rss-sunn-okonomi
liberal-halvtime
rss-politisk-preik
finansredaksjonen
rss-markedspuls-2
lederpodden
okonomiamatorene