Informações:
Sinopse
The National Institute of Economic and Social Research is Britain's longest established independent research institute, founded in 1938. The vision of our founders was to carry out research to improve understanding of the economic and social forces that affect peoples lives, and the ways in which policy can bring about change. Over seventy-five years later, this remains central to NIESRs ethos. We continue to apply our expertise in both quantitative and qualitative methods and our understanding of economic and social issues to current debates and to influence policy.
Episódios
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The Scott Sumner Seminar - The Great Recession and Nominal GDP Targeting
29/11/2016 Duração: 01h15minScott Sumner is the Ralph G. Hawtrey Chair of Monetary Policy at the Mercatus Center and a prominent blogger (TheMoneyIllusion.com, Econlog). His research is in the field of monetary economics, particularly the role of the gold standard in the Great Depression, which he explored in a book entitled “The Midas Paradox” published in 2015. He has also published in the Journal of Political Economy, the Journal of Money, Credit and Banking, and Economic Inquiry. His policy work has focused on the importance of expectations, particularly the idea of using futures markets to guide monetary policy. In this seminar Sumner will argue that the Great Recession has been widely misdiagnosed, and was primarily caused by an excessively tight monetary policy by the Fed, the ECB and most other major central banks.