The World Congress of the Econometric Society started today!!
Please join the online presentations here: https://eswc2020.duuzra.com/www/?pin=yale
There will be a great number of fantastic presentations.
It will be presented in Session 72: “Topics in Monetary Policy I”, on Thursday, August 20, 2020, at 18:00 UTC, which corresponds to 15:00 in Brasilia and 13:00 in Nashville.
The recorded session is already available on the ESWC 2020 site or directly here on youtube:
Mine is the second of three presentations. It starts around the 33rd minute.
In a few words, the paper shows that dealing with inflationary pressures is much costlier in heterogeneous societies in which there are very different preferences regarding the trade-off inflation-growth. The main policy suggestion is that having staggered terms for the president and the central banker reduces informational asymmetries and, thereby, the social cost of monetary stabilizations.
On Thursday, all the presenters will be available online for questions from the audience, only on the WCES’s site.
Hope to see you there!