Alex Bonnemaison
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Alex Bonnemaison
VoxEU Talk
The global real interest rate
Global real rates are stuck at a low level, and until recently policy rates everywhere were effectively zero. Can we use historical data to explain why this happened, and to predict whether we will be back at the ZLB when inflation falls? Pierre-Olivier Gourinchas and Ricardo Reis talk to Tim Phillips.
Webinar Video
EEA: Macro Session
Chair: Jean Pisani-Ferry (Bruegel, EUI, PIIE, Sciences Po and CEPR)
Macroeconomic Policy Choices at the Current Juncture based on Fiscal policy in the age of Covid: Does it ‘get in all of the cracks’
Pierre-Olivier Gourinchas (IMF and CEPR), with Şebnem Kalemli-Özcan, Veronika Penciakova, and Nick Sander