Andrew Levin on the Costs and Benefits of QE4 and the Future of the Feds Balance Sheet

Published: Sept. 26, 2022, 4:30 a.m.

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Andrew Levin is a professor of economics at Dartmouth College and a former long-time Fed official. Andy is also a previous guest of Macro Musings and rejoins the podcast to talk about the costs and benefits of the Fed\\u2019s QE4 program. David and Andy also discuss the Fed\\u2019s recent record on inflation, QE4\\u2019s impact on market functioning, the present and future of the Fed\\u2019s balance sheet, and more.

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Transcript for the episode can be found here.

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Andrew\\u2019s Dartmouth profile

Andrew\\u2019s NBER archive

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David\\u2019s Twitter: @DavidBeckworth

Follow us on Twitter: @Macro_Musings

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Related Links:

*Quantifying the Costs and Benefits of Quantitative Easing* by Andrew Levin, Brian Lu, and William Nelson

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*Incorporating Scenario Analysis into the Federal Reserve\\u2019s Policy Strategy and Communications* by Michael Bordo, Andrew Levin, and Mickey Levy

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*What if the Federal Reserve Books Losses Because of its Quantitative Easing?* by William English and Donald Kohn

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