Hosted by David Beckworth of the Mercatus Center, Macro Musings pulls back the curtain on the important macroeconomic issues of the past, present, and future.
http://macromarketmusings.blogspot.com/
Gesamtlänge aller Episoden: 17 days 7 hours 35 minutes
Daniela Gabor on Financial Globalization, Capital Controls, and the Critical Macrofinance Framework
The COVID-19 crisis has continued to expose systemic issues present within the global financial system, and the critical macrofinance framework provides important insights on how to address them.
Darrell Duffie on Treasury Markets and the Post-COVID Path to Financial Stability
The US treasury market would benefit greatly from implementing an expanded centralized clearing mechanism.
Peter Stella on the Fed’s Off-Balance Sheet Transactions and Public Financing of the COVID-19 Crisis
COVID-19 has caused a massive economic collapse, and the response should be to spend now, and worry about financing later.
Adam Tooze on Dollar Dominance, the Eurozone, and the Future of Global Finance
The Fed’s aggressive responses to recent crises have deepened the dollar trap, and it will continue to have far-reaching effects internationally.
Alp Simsek on a Risk-Centric View of Demand, Recession, and Speculation
Macroprudential policy should utilized as an important preventative tool to address the dangerous peaks and troughs of the business cycle.
Thomas Hoenig on Bank Capitalization and Fed Policy after COVID-19
As the economy recovers from the fallout of COVID-19, policymakers should consider committing to a long-term, systematic deleveraging of the banking sector.
Scott Sumner on the Government’s Response to COVID-19 and the Future of Level Targeting
The Fed needs to be more aggressive addressing the macroeconomic problems stemming from COVID-19, and adopting a level target may be one solution.
Lev Menand on the Fed’s Lending Facilities and the Legal Concerns Surrounding Them
The Fed and Congress have deployed a number of important lending facilities in response to the current economic crisis, but various legal concerns continue to loom.
Martin Hellwig on the Recent German Constitutional Court Ruling and Its Potential Eurozone Implications
The German Constitutional Court is fighting a battle that effectively harms central bank independence, and this could have serious implications for the future of the Eurozone.
Nathan Tankus on Public Finance in the COVID-19 Crisis: A Consolidated Budget Balance View and its Implications for Policy
The creation of a consolidated finance ministry may actually improve Federal Reserve independence.