05 - Miles Kimball on Negative Interest Rates, Equity Requirements, and Schools of Thought in Macro

Published: May 9, 2016, 9:16 a.m.

b"Miles Kimball, professor of economics at the University of Michigan and blogger at \\u201cConfessions of a Supply-Side Liberal,\\u201d joins the show to discuss negative interest rates. Kimball explains how the natural rate of interest can go below zero and why central banks should act accordingly. He also makes the case for higher equity requirements for financial institutions. David's blog: macromarketmusings.blogspot.com Miles Kimball\\u2019s blog: http://blog.supplysideliberal.com/ David\\u2019s Twitter: https://twitter.com/DavidBeckworth Miles Kimball's Twitter: https://twitter.com/mileskimball Links from today\\u2019s show: http://blog.supplysideliberal.com/post/56311827170/the-medium-run-natural-interest-rate-and-the https://www.imf.org/external/pubs/ft/wp/2015/wp15224.pdf https://dl.dropboxusercontent.com/u/19721014/National%20Institute%20Economic%20Review-2015-Kimball-R5-R14.pdf http://bankersnewclothes.com/"