Ed Nelson on the Life, Work, and Legacy of Bennett McCallum
Macro Musings with David Beckworth
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Bennett McCallum's Views on Nominal GDP Targeting
A discussion on Bennett McCallum's views on nominal GDP targeting, including his support for nominal income targeting and the use of the monetary base as an instrument. The chapter also explores the historical shift from nominal income targeting to nominal GDP targeting in the 90s and the speaker's perspective on the preferred phrasing and targeting approach.
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