Lessons of the long quiet zero bound

Comments for the session "Monetary Policy, Conventional and Unconventional" at the Spring 2018 Nobel Symposium on Money and Banking. A lightning summary of recent papers including "Fiscal theory of monetary policy" "Michelson-Morley" and "New Keynesian Liquidity Trap." Lots of pictures. Fun. SlidesVideo of the presentation. Link to the whole conference including video and slides for all the presentations.

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Michelson-Morley, Fisher, and Occam: The Radical Implications of Stable Inflation at the Zero Bound.

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A Brief Parable of Overdifferencing