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Jesus Fernandez-Villaverde on Central Bank Digital Currency and the Current Economic Responses to COVID-19

Macro Musings with David Beckworth

Release Date: 04/29/2020

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Jesus Fernandez-Villaverde is a professor of economics at the University of Pennsylvania, a research associate with the National Bureau of Economic Research, a research affiliate with the Center for Economic Policy Research, and a returning guest to the podcast. Jesus specializes in macroeconomic modeling and economic history among other topics, and he joins Macro Musings to talk about COVID-19, central bank digital currency, and developments in the Eurozone. David and Jesus also discuss the history of central banks and the interacting public, how threatening inflation could become a useful tool for a central bank, and the value economic modeling could add to the epidemiological field.

 

Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings

 

Jesus’s UPenn profile: https://www.sas.upenn.edu/~jesusfv/

Jesus’s NBER archive: https://www.nber.org/people/jesus_fernandez-villaverde

 

Related Links:

 

Bonus segment with Jesus: https://youtu.be/CA6y9LqjDwQ

 

*Estimating and Simulating a SIRD Model of COVID-19 for Many Countries, States, and Cities* by Jesus Fernandez-Villaverde & Charles Jones

https://web.stanford.edu/~chadj/sird-paper.pdf

 

*Central Bank Digital Currency: Central Banking For All?* by Jesus Fernandez-Villaverde, Daniel Sanches, Linda Schilling, & Harald Uhlig

https://bfi.uchicago.edu/working-paper/central-bank-digital-currency-central-banking-for-all/

 

*Central Bank Digital Currency in a Nominal World* by Jesus Fernandez-Villaverde, Daniel Sanches, Linda Schilling, & Harald Uhlig

https://www.sas.upenn.edu/~jesusfv/CBDC_Nominal.pdf

 

David’s blog: macromarketmusings.blogspot.com
David’s Twitter: @DavidBeckworth