Jason Leonard

Assistant Professor at the London School of Economics and research affiliate at CEPR and the Economic Statistics Centre of Excellence; researcher on UK macroeconomic history, business cycles, wage rigidity, and monetary policy with multiple publications cited in the episode.

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May 30, 2024 • 54min

Macroeconomic (In)stability in UK Economic History, 1700-2010

Join Jason Leonard, an assistant professor at the London School of Economics, as he delves into UK economic history from 1700 to 2010. Discover the nature of business cycles and the impact of sticky wages during downturns, particularly in the Great Depression. Leonard presents his research on wage rigidity using detailed data, revealing surprising flexibility. He also discusses the evolution of monetary policy and its effectiveness, emphasizing how historical shifts in causes and responses shape today’s economic landscape.

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