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

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

Related Links:

*Are Central Banks Out of Ammunition to Fight a Recession? Not Quite.* by Joseph Gagnon & Christopher Collins

https://www.piie.com/publications/policy-briefs/are-central-banks-out-ammunition-fight-recession-not-quite

*Priorities for Review of the ECB's Monetary Policy Strategy* by Jeremie Cohen-Setton, Christopher Collins, and Joseph Gagnon

https://www.piie.com/commentary/speeches-papers/priorities-review-ecbs-monetary-policy-strategy

*How Did Quantitative Easing Really Work? A New Methodology for Measuring the Fed's Impact on Financial Markets* by Ramin Toloui

https://siepr.stanford.edu/sites/default/files/publications/19-032.pdf

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

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

Avsnitt(568)

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

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 Sep 47min

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

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 Sep 50min

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

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 Sep 55min

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

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 Aug 1h 9min

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

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 Aug 57min

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

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 Aug 55min

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

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 Aug 54min

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

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 Aug 58min

Populärt inom Business & ekonomi

framgangspodden
varvet
rss-jossan-nina
rss-borsens-finest
svd-tech-brief
uppgang-och-fall
24fragor
badfluence
rss-inga-dumma-fragor-om-pengar
avanzapodden
fill-or-kill
lastbilspodden
bilar-med-sladd
rikatillsammans-om-privatekonomi-rikedom-i-livet
rss-kort-lang-analyspodden-fran-di
rss-wallnor-pm
rss-dagen-med-di
borsmorgon
tabberaset
rss-veckans-trade