Exploring Different Measures of the Output Gap

David Papell is a professor of economics at the University of Houston and has published widely on monetary policy rules. David joins Macro Musings to talk about his recent paper, *Policy Rules and Forward Guidance Following the COVID-19 Recession,* as well as the origins, past uses, and current applications of monetary policy rules.

Transcript for this week’s episode.

David’s Twitter: @DavidPapell

David’s University of Houston portal

David Beckworth’s Twitter: @DavidBeckworth

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Related Links:

*The Fed Approaches the End of the Rate Hiking Cycle* by David Papell and Ruxandra Prodan

*Policy Rules and Forward Guidance Following the COVID-19 Recession* by David Papell and Ruxandra Prodan

*Policy Rule Legislation in Practice* by Alex Nikolsko-Rzhevskyy, David Papell, and Ruxandra Prodan

*Policy Rules and Economic Performance* by Alex Nikolsko-Rzhevskyy, David Papell, and Ruxandra Prodan