Maurice Obstfeld - Natural and Neutral Real Interest Rates: Past and Future

Welcome to our channel! In this video, we feature Maurice Obstfeld, a towering figure in the field of economics. Maurice, along with Kenneth Rogoff, developed the New Open Economy Macroeconomics framework, which has profoundly influenced our understanding of open economies and multicountry models. His work has been essential to both academic research and practical policy applications, shaping how economists and policymakers address global economic challenges.
Maurice discusses the equilibrium real interest rate, addressing the forces driving it downward over time and exploring the implications of these trends. He provides a detailed analysis of how these factors impact economic stability and growth, offering valuable insights into navigating the complex dynamics of today's global economy. Maurice's expertise and deep understanding make this a must-watch for anyone interested in contemporary economic issues.
Don't miss our connected video where we discuss whether we are on the brink of another global financial crisis. We explore potential triggers for a recession, including high debt levels in major economies and the implications of the upcoming US election. Our panel of esteemed experts, including well-known economists Douglas Laxton, Charles Goodhart, and Adi Brender, provide unparalleled insights into these pressing issues.
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