Fiscal Theory

28.02.2023: Olivier Blanchard – Fiscal policy under low interest rates

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Presenter: Olivier Blanchard Affiliation: Massachusetts Institute of Technology, Department of Economics, and PIIE. Book: Fiscal Policy under Low Interest Rates Date: February 28, 2023 Time: 14:00 GMT (16:00 Israel Time) Abstract: Policy makers in advanced economies find themselves in an unusual fiscal environment: debt ratios are historically high, and—once the fight against inflation is won—real … Read more

18.10.2022: John Cochrane – Inflation past, present and future: Fiscal shocks, Fed response, and fiscal limits

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Presenter: John H. Cochrane Affiliation: Stanford University, Hoover Institution Paper: Inflation Past, Present and Future: Fiscal Shocks, Fed Response, and Fiscal Limits Date: October 18, 2022 Time: 12:00 GMT (15:00 Israel Time) Abstract: Our current inflation stemmed from a fiscal shock. The Fed is slow to react. Why? Will the Fed’s slow reaction spur more … Read more

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