Presenter: Emi Nakamura Affiliation: University of California, Berkeley, Department of Economics. Paper: Beyond the Taylor Rule. Date: June 30, 2026. Time: 15:00 Israel Time. Abstract: The Federal Reserve partially “looked through” the post-Covid rise in inflation and ultimately managed to bring about an “immaculate disinflation.” The Fed’s policy deviated strongly from the Taylor rule during … Read more
Presenter: Markus K. Brunnermeier Affiliation: Princeton University, Department of Economics and Bendheim Center for Finance. Paper: Optimal (Un)Conventional Monetary Policy. Date: March 17, 2026. Time: 15:00 Israel Time. Abstract: We study the optimal joint interest rate and central bank balance sheet policies in a macro model with financial sector, sticky prices, aggregate and idiosyncratic risk. … Read more
Presenter: Carmen Reinhart Affiliation: Harvard University, Harvard Kennedy School. Paper: International Lending in War and Peace. Date: February 24, 2026. Time: 15:00 Israel Time. Abstract: We study international capital flows across 200 years. A major novelty is our analysis on official flows (government-to-government lending), which are routinely neglected in the vast literature on private capital … Read more