59 min listen
David Beckworth on the Safe Asset Theory of Inflation, Comparing Central Bank Frameworks, and a Year of Macro Musings in Review
David Beckworth on the Safe Asset Theory of Inflation, Comparing Central Bank Frameworks, and a Year of Macro Musings in Review
ratings:
Length:
48 minutes
Released:
Dec 27, 2021
Format:
Podcast episode
Description
In this special end-of-the-year episode of Macro Musings, David Beckworth joins guest host David Andolfatto of the St. Louis Fed to discuss a wide range of macroeconomic topics, including podcast highlights from the whole of 2021. More specifically, both Davids talk about the similarities and differences between average inflation targeting and NGDP targeting, the recent inflation puzzles that have plagued the macroeconomy, David’s safe asset theory of inflation, and more. Want to support the show? Visit donate.mercatus.org/podcasts Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings David Beckworth’s Twitter: @DavidBeckworth David Beckworth’s blog: http://macromarketmusings.blogspot.com/ David Beckworth’s Mercatus profile: https://www.mercatus.org/scholars/david-beckworth David Andolfatto’s Twitter: @dandolfa David Andolfatto’s St. Louis Fed profile: https://www.stlouisfed.org/about-us/leadership-governance/bank-officers/executive-bios/david-andolfatto Related Links: *The Safe Asset Shortage and the Low Inflation of 2010-2019: A Money Demand View* by David Beckworth https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3992846 *The Prospect of Fiscal Dominance in the United States: A New Quantity Theory Perspective* by David Beckworth https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3969473 *The Fiscal Theory of Price Level with a Bubble* by Markus Brunnermeier, Sebastian Merkel, and Yuliy Sannikov https://www.nber.org/papers/w27116
Released:
Dec 27, 2021
Format:
Podcast episode
Titles in the series (100)
19 - Nick Rowe on Monetary Basics, Milton Friedman’s Thermostat, and More: Nick Rowe is a professor of economics at Carleton… by Macro Musings with David Beckworth