Macro Musings with David Beckworth

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

May 27, 2020
Ask episode
Chapters
Transcript
Episode notes
1
Introduction
00:00 • 2min
2
The Caballero Crisis - What Motivated You?
02:12 • 5min
3
Risk Markets - A New Keynesian Model
07:23 • 2min
4
Why Do High Valuations Matter in the Macro Economy?
09:34 • 4min
5
The Importance of Beliefs and Heterogeneity in Financial Markets
13:59 • 4min
6
Is the Fed Really Propping Up Asset Prices?
18:20 • 3min
7
Is This a Supply Shock?
21:37 • 5min
8
A Model of Asset Price Spiraling and Agit Demand Amplification
26:54 • 3min
9
Is There Any Reason to Use Monetary Policy to Rake the Interest Rate?
29:31 • 4min
10
Macro Prudential Policy
33:58 • 2min
11
Is It Possible to Come Up With a Modified R Star?
35:34 • 2min
12
Is There a Macro Potential Policy That Will Work?
37:36 • 3min
13
Price Level Targeting
40:15 • 3min
14
Is Leverage a Strong Form of Forward Guidance?
43:21 • 3min
15
Is There a Safe Asset Shortage?
46:20 • 5min
16
The Fed's Model of Asset Price Spirals and Aggregate Demand Amplification
51:02 • 4min
17
What Should a Central Bank Buy in Assets?
54:38 • 5min