2023-Management-Deborah-Lucas

Conference Video|Duration: 50:46
March 8, 2023
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  • Video details
    Starting during the 2007 financial crisis and intensifying with the COVID-19 pandemic, monetary, fiscal, and regulatory policymakers around the world have rewritten and vastly expanded their policy playbooks. Those changes have fundamentally altered the mechanisms by which economic policies affect the markets and the macroeconomy, and the prospects for entrepreneurial firms. New narratives are essential for helping business leaders to think more clearly about how those policy changes will create new opportunities, but also how they give rise to new risks and challenges. Drawing on Prof. Lucas’s research on these issues, in this session we will discuss:

        What some of the most important policy changes have been globally (e.g., large-scale credit support programs; blurring of fiscal and monetary policy boundaries; evolving role of central banks)
        How they have impacted recent macroeconomic outcomes (e.g., inflation; depth of recession and speed of economic recovery; savings glut)
        Possible effects on the economy over the next few years (e.g., will inflation be tamed; hard or soft landing
        Critical questions for the more distant future (e.g., fiscal sustainability; greater stability or greater fragility)

Locked Interactive transcript
Please login to view this video.
  • Video details
    Starting during the 2007 financial crisis and intensifying with the COVID-19 pandemic, monetary, fiscal, and regulatory policymakers around the world have rewritten and vastly expanded their policy playbooks. Those changes have fundamentally altered the mechanisms by which economic policies affect the markets and the macroeconomy, and the prospects for entrepreneurial firms. New narratives are essential for helping business leaders to think more clearly about how those policy changes will create new opportunities, but also how they give rise to new risks and challenges. Drawing on Prof. Lucas’s research on these issues, in this session we will discuss:

        What some of the most important policy changes have been globally (e.g., large-scale credit support programs; blurring of fiscal and monetary policy boundaries; evolving role of central banks)
        How they have impacted recent macroeconomic outcomes (e.g., inflation; depth of recession and speed of economic recovery; savings glut)
        Possible effects on the economy over the next few years (e.g., will inflation be tamed; hard or soft landing
        Critical questions for the more distant future (e.g., fiscal sustainability; greater stability or greater fragility)

Locked Interactive transcript