What does the price of Triscuits over decades at one California grocery store say about macroeconomic conditions? What do civil servants and academic researchers need to do to retrofit microfiche readers to painstakingly digitize historical data? These details came to the fore when Professor Emi Nakamura delivered the 2024-25 C. Malim Harding Visiting Lectureship in Political Economy on 30 September 2024. Among the members of the audience were faculty of the Department of Economics, the Department of Political Science, graduate students, and members of the Harding family including his son Victor, daughter Debbie, and their spouses. [Read more…]
Emi Nakamura to Give 2024-25 Malim Harding Lecture
Professor Emi Nakamura will deliver the 2024-25 C. Malim Harding Visitorship Lecture in Political Economy.
The lecture, “Natural Experiments to Guide Macroeconomic Policy,” is scheduled for September 30, 2024 from 4 to 6 pm at the Campbell Conference Facility, 1 Devonshire Place. Registration to attend is via Event Brite.
The lecture recognizes that macroeconomic policy debates play a central role in public discourse and raises several key questions. How should central banks set interest rates? How much fiscal stimulus should governments use in large recessions? How do macroeconomists answer these questions? An emerging literature in macroeconomics tries to provide new answers to these questions using natural experiments and big data. [Read more…]