Macro Musings with David Beckworth cover image

Alp Simsek on a Risk-Centric View of Demand, Recession, and Speculation

Macro Musings with David Beckworth

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Is It Possible to Come Up With a Modified R Star?

Is it possible to come up with a special neutral rate that accounts for this added feature in your model? We are actually thinking about that because you know, I think there's kind of there's some benefits to having rules and so on. The issues here are quite subtle and they're kind of depend on The probability of the tail how likely it is a crash and I see how kind of weather you are So there It's it's quite complex and I think it's likely to be situation dependent.

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