Monday, July 18, 2016

Macro Musings Podcast: Robert Hall

My latest Macro Musings podcast is with Robert Hall. Bob is a professor of economics at Stanford University. He is the former president of the American Economic Association, a member of the National Academy of Sciences, a fellow of the Econometric Society, and a fellow of the Society of Labor Economists. He has published widely in many areas of economics including labor, public finance, international finance, and macroeconomics. Bob is also chair of the National Bureau of Economic Research’s recession dating committee. 

Bob joined me to discuss how his recession dating committee determines the official turning points in the business cycle. We also cover his recent work on the the post-2009 slump and the causes behind it. Along way, we touch on the importance of the ZLB, secular stagnation, the global decline safe asset yields, and more. We close by discussing his preferred approach for monetary policy. It was a fascinating conversation throughout.

You can listen to the podcast via iTunes, Sound Cloud, Stitcher, or your favorite podcast app. You can also listen through the embedded player above. And remember to subscribe since more guest are coming!

Related Links:
Robert Hall's web page

1 comment:

  1. We never hit the zero bound during the Great Recession--it was more like the 25 basis point bound as a result of interest on excess reserves. Another bound that seems to exist within the Fed is the 2% inflation ceiling with no attempt to catch up from undershooting the inflation target in the past.