Megan Greene | Econofact

Coronavirus

Policy Responses to the Economic Consequences of Coronavirus

March 17, 2020

The Issue:

Coronavirus presents economic challenges as well as adverse consequences for public health. Interruptions to regular business activity through people sheltering at home, limiting both the supply of workers and the demand for goods and services, coupled with panic in financial markets, almost certainly

Monetary Policy

Understanding the Low Inflation and Low Unemployment in Today’s Economy (VIDEO)

October 21, 2019

This conversation was recorded on August 1, 2019.

The U.S. economy is in its longest expansion on record. As unemployment touches historic lows, a striking feature of this expansion is that contrary to what economic theory would predict, inflation too remains strangely low. Megan Greene (Harvard) and Michael Klein,

Stock Markets

What to Make of Stock Market Volatility? (VIDEO)

August 28, 2019

This conversation was recorded on August 1, 2019.

Stock market volatility—big swings in the prices of stocks—had actually been relatively low in the period of recovery from the financial crisis through 2017. However, that trend has been changing of late, with several incidences of volatility marked by ‘short,