Podcasts Business Non-Profit Macro Musings with David Beckworth Lubos Pastor and Elisabeth Kempf on *Fifty Shades of QE* and the Implications of QE Research

Lubos Pastor and Elisabeth Kempf on *Fifty Shades of QE* and the Implications of QE Research

Published: Jan. 31, 2022, 5:30 a.m.

Lubos Pastor is a professor of finance, and Elisabeth Kempf is an associate professor of finance, both at the University of Chicago\u2019s Booth School of Business. They join David on Macro Musings to talk about their recent paper, *Fifty Shades of QE: Comparing Findings of Central Bankers and Academics*. Lubos, Elisabeth, and David specifically discuss the scope, design, and findings of their study, the theory behind QE\u2019s impact on output and inflation, the career implications of QE research, and more.

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Transcript for the episode can be found here.

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Lubos\u2019s University of Chicago profile: https://www.chicagobooth.edu/faculty/directory/p/lubos-pastor

Lubos\u2019s NBER archive: https://www.nber.org/people/lubos_pastor?page=1&perPage=50

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Elisabeth\u2019s University of Chicago Profile: https://www.chicagobooth.edu/faculty/directory/k/elisabeth-kempf

Elisabeth\u2019s website: https://sites.google.com/site/elikempf/

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Related Links:

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*Fifty Shades of QE: Comparing Findings of Central Bankers and Academics* by Lubos Pastor, Elisabeth Kempf, Brian Fabo, and Martina Jancokova

https://www.nber.org/system/files/working_papers/w27849/w27849.pdf

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*The Federal Reserve System\u2019s Influence on Research in Monetary Economics* by Lawrence H. White

https://econjwatch.org/File+download/90/2005-08-white-invest_apparatus.pdf?mimetype=pdf

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David\u2019s Twitter: @DavidBeckworth

David\u2019s blog: http://macromarketmusings.blogspot.com/