Rethinking Monetary Policy
Explore the limitations of economic models and the need to rethink monetary policy in light of the financial crisis. Lars Peter discusses the potential alternative sources of monetary transmission mechanisms and the interplay between financial markets and macroeconomic models.In this clip
From this podcast
EconTalk
Lars Peter Hansen on Risk, Ambiguity, and Measurement
Related Questions
What is a rules-based monetary policy as discussed in the episode Larry White on Hayek and Money and the clip Navigating Economic Challenges?
Is the financial system flawed according to the episode Economic Modeling and Prediction, Charitable Giving, and a Follow Up with Peter Backus and the clip Failures in Economics?