88 Ricardo Caballero on the Safe Asset Conundrum

Published: Dec. 18, 2017, 11:53 a.m.

b'Ricardo J. Caballero is a professor of economics at MIT and is widely published in the fields of macroeconomics and international economics. Today, he joins the show to discuss his work on the \\u201cSafe Assets Shortage Conundrum\\u201d and why this is important to macroeconomic growth and stability. David\\u2019s blog: macromarketmusings.blogspot.com Macro Musings podcast site: macromusings.com David\\u2019s Twitter: @DavidBeckworth Ricardo Caballero\\u2019s MIT profile: https://economics.mit.edu/faculty/caball \\u201cThe Safe Asset Shortage Conundrum\\u201d by Ricardo J. Caballero, Emmanuel Farhi, and Pierre-Olivier Gourinchas http://www.jstor.org/stable/44321278?seq=1#page_scan_tab_contents \\u201cSafe Asset Scarcity and Aggregate Demand\\u201d by Ricardo J. Caballero, Emmanuel Farhi, and Pierre-Olivier Gourinchas https://www.aeaweb.org/articles?id=10.1257/aer.p20161108 \\u201cOn the Macroeconomics of Asset Shortages\\u201d by Ricardo J. Caballero http://www.nber.org/papers/w12753'