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b'Jeffrey Frankel is a professor and economist at Harvard University and the director of the Program in International Finance and Macroeconomics at the National Bureau of Economic Research (NBER). He joins the show to discuss serving on the NBER\\u2019s Business Cycle Dating Committee, which officially declares the start and end of recessions. David and Jeff also discuss the monetary history of the Plaza Accord, an international agreement in 1985 to devalue the U.S. dollar. Jeff also shares his thoughts on globalization in the past few decades and current-day challenges facing it. David\\u2019s blog: http://macromarketmusings.blogspot.com/ Jeff Frankel\\u2019s Harvard profile: https://www.hks.harvard.edu/about/faculty-staff-directory/jeffrey-frankel Jeff Frankel\\u2019s NBER publications: http://www.nber.org/authors/jeffrey_frankel David\\u2019s Twitter: @DavidBeckworth Related links: \\u201cGlobalization of the Economy\\u201d by Jeffrey Frankel https://www.hks.harvard.edu/fs/jfrankel/NyeGlobWPwFigPost.pdf \\u201cGlobalization and Chinese Growth: End of Trends\\u201d by Jeffrey Frankel http://scholar.harvard.edu/frankel/publications/globalization-and-chinese-growth-ends-trends \\u201cThe Plaza Accord: 30 Years Later\\u201d by Jeffrey Frankel https://www.hks.harvard.edu/fs/jfrankel/PlazaAccord-PIIE2016.pdf'