Rethinking Fiscal Policy in an Era of Low Interest Rates

May 16, 2019

"Rethinking Fiscal Policy in an Era of Low Interest Rates"

In his lecture, Professor Eichenbaum argued for the use of fiscal policy to stimulate growth and combat severe recessions.

Watch the full BSE Lecture by Martin Eichenbaum

About our speaker

Martin Eichenbaum the Charles Moskos professor of Economics at Northwestern University and the co-director of the Center for International Economics and Development. His research focuses on macroeconomics, international economics, and monetary theory and policy. Specifically, he has been concerned with understanding aggregate economic fluctuations, studying the causes and consequences of exchange rate fluctuations, as well as the effect of monetary policy on postwar United States business cycles.

Professor Eichenbaum was elected a Fellow of the American Academy of Arts and Sciences in 2013. He is a Fellow of the Econometric Society and a Research Associate at the National Bureau of Economic Research. He served as the co-editor of the American Economic Review from 2011 to 2015. He is now the co-editor of the NBER Macro Annual. In addition, he is on the Board of Directors of the Bank of Montreal.