Ben Moll's guest appearances

Ben Moll

Macro Musings with David Beckworth

Tyler Cowen

Ramesh Ponnuru

Fannie Mae

Sebastian Edwards

Alex Nowrasteh

Diego Zuluaga

Steve Horwitz

Felix Salmon

Alan Greenspan

Binyamin Appelbaum

Anat Admati

Noah Smith

Robert Hall

George Selgin

Scott Sumner

OwlTail

Ben Moll is a professor of economics at the London School of Economics, and is well known for his work on income and wealth distribution in macroeconomics and its implications for policy. Ben joins the show today to talk about this work and provide a look into the growing field of heterogeneous agent models. David and Ben also discuss the history of macro thought, the implications of different transmission mechanisms of monetary policy, and what HANK models mean for forward guidance and other more general makeup policies.   The transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings   Ben’s Twitter: @ben_moll Ben’s LSE website: https://benjaminmoll.com/   Related Links:   *Monetary Policy According to HANK* by Greg Kaplan, Ben Moll, and Giovanni Violante https://www.princeton.edu/~moll/HANK.pdf   *Household Balance Sheet Channels of Monetary Policy: A Back of the Envelope Calculation for the Euro Area* by Jiri Slacalek, Oreste Tristani, and Giovanni Violante  https://cepr.org/active/publications/discussion_papers/dp.php?dpno=14245   *Heterogeneous Agents Macroeconomics Has a Long History, and it Raises Many Questions* by Beatrice Cherrier  https://beatricecherrier.wordpress.com/2018/11/28/heterogeneous-agent-macroeconomics-has-a-long-history-and-it-raises-many-questions/   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth

Ben Moll is a professor of economics at the London School of Economics, and is well known for his work on income and wealth distribution in macroeconomics and its implications for policy. Ben joins the show today to talk about this work and provide a look into the growing field of heterogeneous agent models. David and Ben also discuss the history of macro thought, the implications of different transmission mechanisms of monetary policy, and what HANK models mean for forward guidance and other more general makeup policies. The transcript for the episode can be found here: <a href="https://www.mercatus.org/bridge/tags/macro-musings" rel="nofollow" target="_blank">https://www.mercatus.org/bridge/tags/macro-musings</a> Ben’s Twitter: @ben_moll Ben’s LSE website: <a href="https://benjaminmoll.com/" rel="nofollow" target="_blank">https://benjaminmoll.com/</a> Related Links: *Monetary Policy According to HANK* by Greg Kaplan, Ben Moll, and Giovanni Violante <a href="https://www.princeton.edu/~moll/HANK.pdf" rel="nofollow" target="_blank">https://www.princeton.edu/~moll/HANK.pdf</a> *Household Balance Sheet Channels of Monetary Policy: A Back of the Envelope Calculation for the Euro Area* by Jiri Slacalek, Oreste Tristani, and Giovanni Violante <a href="https://cepr.org/active/publications/discussion_papers/dp.php?dpno=14245" rel="nofollow" target="_blank"> https://cepr.org/active/publications/discussion_papers/dp.php?dpno=14245</a> *Heterogeneous Agents Macroeconomics Has a Long History, and it Raises Many Questions* by Beatrice Cherrier <a href="https://beatricecherrier.wordpress.com/2018/11/28/heterogeneous-agent-macroeconomics-has-a-long-history-and-it-raises-many-questions/" rel="nofollow" target="_blank"> https://beatricecherrier.wordpress.com/2018/11/28/heterogeneous-agent-macroeconomics-has-a-long-history-and-it-raises-many-questions/</a> David’s blog: <a href="http://macromarketmusings.blogspot.com" rel="nofollow" target="_blank">macromarketmusings.blogspot.com</a> David’s Twitter: @<a href="https://soundcloud.com/DavidBeckworth" rel="nofollow" target="_blank">DavidBeckworth</a>

Ben Moll on the Basics of HANK Models and How They Can Be Applied to Policymaking