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5min chapter
Evan Koenig on the Case for Nominal GDP Targeting
Macro Musings with David Beckworth
Understanding Nominal GDP Targeting
This chapter explores the concept of nominal GDP targeting, discussing its definitions, implications, and the challenges in implementation. It reflects on the speaker's experiences and insights gained from their time at the Federal Reserve, emphasizing the importance of setting a predictable path for nominal income in achieving economic stability.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode