The Capitalism and Freedom in the Twenty-First Century Podcast cover image

The Federal Reserve: Recent History & Monetary Policy with Former St. Louis Fed President James Bullard

The Capitalism and Freedom in the Twenty-First Century Podcast

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Navigating Economic Models: The Importance of Research and Heterogeneity in Monetary Policy

This chapter explores the significance of research and various modeling approaches in central banks, with a focus on DSGE and VAR models. The speakers discuss the importance of understanding income and wealth distributions, advocating for structural models to enhance monetary policy decision-making.

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