Ricardo Reis is a professor of economics at the London School of Economics and a returning guest to the podcast. Ricardo rejoins Macro Musings to talk about central bank swap lines, the importance of fiscal sustainability, and the outlook for inflation in advanced economies. David and Ricardo also discuss safe asset alternatives, and how to think about inflation, debt, and deficits in a more nuanced way.

 

Transcript for the episode can be found here.

 

Ricardo’s Twitter: @R2Rsquared

Ricardo’s LSE profile: https://personal.lse.ac.uk/reisr/

 

Related Links:

 

*Central Bank Swap Lines* by Saleem Bahaj and Ricardo Reis

https://voxeu.org/article/central-bank-swap-lines

 

*Central Bank Swap Lines During the Covid-19 Pandemic* by Saleem Bahaj and Ricardo Reis

https://personal.lse.ac.uk/reisr/papers/20-covicbswaps.pdf

 

*The Constraint on Public Debt When r < g but g < m* by Ricardo Reis

https://iepecdg.com.br/wp-content/uploads/2020/12/mpkrg-201112.pdf

 

*Inflating Away the Public Debt? An Empirical Assessment* by Jens Hilscher, Alon Raviv, and Ricardo Reis

https://www.nber.org/system/files/working_papers/w20339/w20339.pdf

 

*The New Global Financial Safety Net: Struggling for Coherent Governance in a Multipolar System* by Beatrice Weder di Mauro and Jeromin Zettelmeyer

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2946452

 

David’s blog: macromarketmusings.blogspot.com

David’s Twitter: @DavidBeckworth