AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
16min chapter
Marijn Bolhuis on Fiscal R-star and its Implications for Macroeconomic Policy
Macro Musings with David Beckworth
Navigating the Fiscal-Monetary Landscape
This chapter explores the complexities of the fiscal theory of the price level, emphasizing its implications for inflation and macroeconomic stability. It examines historical data and the fiscal monetary gap across advanced economies, revealing the connections between fiscal policy interventions and economic crises. The discussion also addresses the challenges of maintaining fiscal discipline in politically fragmented environments, particularly in the context of the Eurozone and Japan's zero lower bound experience.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode