Video of "Rethinking Keynesian Fiscal Stimulus," Phillips Lecture at the LSE, April 2, 2025. The paper is in progress.
Do Temporary Cash Transfers Stimulate the Macroeconomy? Evidence from Four Case Studies, IMF Economic Review, 2025. This paper is based on my Nov. 2024 Mundell-Fleming Lecture. The video of the lecture is here.
"Do They Add Up? Using Macro Counterfactuals to Assess Micro Estimates and Macro Models" April 2023. Keynote address at the joint Royal Economic Society/Scottish Economic Society 2023 Conference
Remarks for the 2023 Royal Economic Society Panel "Advice on Publishing in Economics" April 2023.
"An End to Pre-Pandemic Trends or Just a Temporary Interruption?" 2022 Jackson Hole Panel Presentation August 2022.
"Anticipations in Macro: The Importance of Salience, Comprehensibility, and Actionability" Keynote Address at the Ridge Forum on International Macro December 2021.
Discussion of Popp et al. "The Employment Impact of a Green Fiscal Push: Evidence from the Recovery and Reinvestment Act" Brookings Papers on Economic Activity September 2021, forthcoming.
Discussion of Pierre-Olivier Gourinchas et al. "Fiscal Policy in the Age of COVID: Does it 'Get in All the Cracks'," Federal Reserve Bank of Kansas City Jackson Hole Symposium August 2021, forthcoming.
Slides from my discussion of Cox et al. "Big G" November 2020 NBER Monetary Economics meeting.
Discussion of Guren, McKay, Nakamura, Steinsson "What Do We Learn from Cross-Sectional Empirical Estimates in Macroeconomics?" NBER Macro Annual April 2020.
"It's Time to Start Worrying about the National Debt," Wall Street Journal op-ed, August 23, 2019.
Fiscal Policy: Tax and Spending Multipliers in the United States Chapter 9 in Evolution or Revolution: Rethinking Macroeconomic Policy After the Great Recession, edited by Olivier Blanchard and Lawrence H. Summers, MIT Press and Peterson Institute for International Economics, MIT Press: Cambridge, MA, 2019.
Discussion of Athanasios Orphanides "Monetary Policy Strategy and its Communication," Federal Reserve Bank of Kansas City Jackson Hole Symposium August 2019.
Discussion of Jan Van Reenen "Increasing Differences between Firms: Market Power and the Macro-Economy," Federal Reserve Bank of Kansas City Jackson Hole Symposium August 2018.
Discussion of Coibion, Gorodnichenko, Ulate "The Cyclical Sensitivity in Estimates of Potential GDP" Brookings Papers on Economic Activity Fall 2018.
Discussion of Charles, Hurst, and Schwartz "The Transformation of Manufacturing and the Decline in US Employment" NBER Macro Annual 2018.
Discussion of Miranda-Agrippino and Ricco "The Transmission of Monetary Policy Shocks", AEA Meetings 2018 - Slides 2018.
Discussion of Baumeister and Kilian "Lower Oil Prices and the U.S. Economy: Is this Time Different?" Brookings Papers on Economic Activity Fall 2017.
Discussion of Miyamoto-Nguyen-Sergeyev "Government Spending Multipliers Under the Zero Lower Bound" NBER Japan Project, July 2017 - Slides.
Discussion of Acemoglu-Restrepo "Demographics and Robots" NBER July 2017 - Slides.
Review of Free Time: The Forgotten American Dreamby Benjamin Hunnicutt, in The Journal of Economic History, December 2013.
Discussion of DeLong and Summers "Fiscal Policy in a Depressed Economy" Brookings Papers on Economic Activity 2012.
Review of The Big Ditch: How American Took, Built, Ran and Ultimately Gave Away the Panama Canal by Maurer and Yu, in Journal of Economic Literature, December 2011.
Discussion of Leigh, Guajardo, and Pescatori "Will It Hurt? Macroeconomic Effects of Fiscal Consolidation" NBER November 2010- Slides.
Discussion of Nick Bloom "The Impact of Uncertainty Shocks: Firm Level Estimation and a 9/11 Simulation", NBER July 2006.