David Wilcox on the Debt Ceiling Crisis and the Crippling Costs of Default

David Wilcox on the Debt Ceiling Crisis and the Crippling Costs of Default

David Wilcox is a non-resident senior fellow at the Peterson Institute for International Economics and is the Director of Economic Research at Bloomberg Economics. Previously, David served for many years on the staff of the Federal Reserve Board, as deputy director from 2001 to 2011 and as director from 2011 to 2018 of the Division of Research and Statistics. In the latter role, he functioned as the chief economist of the division, a senior advisor to three successive chairs of the board, and the division leader for strategic direction as well as chief manager. David joins Macro Musings to talk about a recent article he wrote titled, *The Cost of the US Going Over the Fiscal Cliff is Trauma, Then Unending Pain.* David and David also discuss the debt ceiling issue more broadly, including the severity and timing of a technical default, the two big economic shocks that would result from a default, the possible solutions to pursue in the face of the this debacle, and more.

Transcript for the episode can be found here.

David Wilcox's Twitter: @D_W_Wilcox

David Wilcox's PIIE profile

David Beckworth's Twitter: @DavidBeckworth

Follow us on Twitter: @Macro_Musings

Click here for the latest Macro Musings episodes sent straight to your inbox!

Check out our new Macro Musings merch here!

Related Links:

*The Cost of US Going Over Fiscal Cliff Is Trauma Then Unending Pain* by David Wilcox

*Fiscal Policy Under Low Interest Rates* by Olivier Blanchard

*Mint the Coin? Buy Back Bonds? 7 'Gimmicks' for Dodging the Debt Limit* by Jeff Stein

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(551)

David Zaring on Skinny Charters and the Future of Banking

David Zaring on Skinny Charters and the Future of Banking

David Zaring is legal scholar and professor at the University of Pennsylvania. In David's first appearance on the show, he discusses the role the Great Financial Crisis played in FinReg scholarship, h...

25 Maj 55min

Bill Beach on the Future of United States' Economic Statistics and Fiscal Position

Bill Beach on the Future of United States' Economic Statistics and Fiscal Position

Bill Beach is the former commissioner of the US Bureau of Labor Statistics and the current executive director of the Fiscal Lab on Capitol Hill. In Bill's first appearance on the show he discusses a c...

18 Maj 52min

Tyler Goodspeed on Challenging the Way Economists Look at Recessions

Tyler Goodspeed on Challenging the Way Economists Look at Recessions

Tyler Goodspeed is the former chairman of the Council of Economic Advisors and is currently a chief economist in the private sector. In Tyler's first appearance on the podcast he discusses his new boo...

11 Maj 1h 1min

Peter Conti-Brown and David Beckworth on All Things Financial Regulation

Peter Conti-Brown and David Beckworth on All Things Financial Regulation

Recorded live in front of the Wharton Financial Regulation Conference, former guest Peter Conti-Brown joins David Beckworth as a Macro Musings co-host on this week's episode. Peter and David discuss t...

4 Maj 54min

Basil Halperin on Macroeconomic Policy in an Age of Transformative AI

Basil Halperin on Macroeconomic Policy in an Age of Transformative AI

Basil Halperin is an assistant professor of economics at the University of Virginia. In Basil's first appearance on the show he discusses the famous but flawed Citrini essay, why Silicon Valley's grow...

27 Apr 56min

Rich Clarida on Navigating Monetary Policy in Choppy Waters

Rich Clarida on Navigating Monetary Policy in Choppy Waters

Rich Clarida was the vice chair of the Board of Governors of the Federal Reserve System and is currently a professor of economics at Columbia University and a managing director at PIMCO. Rich returns ...

20 Apr 52min

Kris Mitchener on What Actually Anchors the Price Level

Kris Mitchener on What Actually Anchors the Price Level

Kris Mitchener is a professor of economics at Santa Clara University and is an economic and monetary historian. In Kris's first appearance on the show, he discusses how he fell in love with building d...

13 Apr 56min

Steve Kamin and Mark Sobel on the Outlook of Dollar Dominance

Steve Kamin and Mark Sobel on the Outlook of Dollar Dominance

Steve Kamin is a senior fellow at the American Enterprise Institute and was previously the director of the Division of International Finance at the Federal Reserve Board. Mark Sobel is the US chairman...

6 Apr 1h 1min

Populärt inom Business & ekonomi

framgangspodden
varvet
badfluence
rss-borsens-finest
uppgang-och-fall
svd-tech-brief
fill-or-kill
avanzapodden
lastbilspodden
rss-jossan-nina
24fragor
bathina-en-podcast
rss-dagen-med-di
rss-kort-lang-analyspodden-fran-di
borsmorgon
tabberaset
kapitalet-en-podd-om-ekonomi
rss-inga-dumma-fragor-om-pengar
rikatillsammans-om-privatekonomi-rikedom-i-livet
dynastin