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Antonio Fatás on Hysteresis and the Business Cycle

Release Date: 04/19/2021

Macro Musings with David Beckworth

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Antonio Fatás is a professor of economics at INSEAD, an international business school with campuses in Singapore, France, and Abu Dhabi. Antonio joins David on Macro Musings to talk about hysteresis and the business cycle. Specifically, David and Antonio discuss the history of the academic literature on business cycle and trend, the impact of the Kydland and Prescott model, and how endogenous growth models play into hysteresis.

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Transcript for the episode can be found here.

Antonio’s INSEAD profile: https://faculty.insead.edu/fatas/

Antonio’s Twitter: @AntonioFatas

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