Jón Steinsson interview: Forward guidance, the state of macro, and how the economy is like a rumbling volcano

In “The Gift of Moving: Intergenerational Consequences of a Mobility Shock,” Emi Nakamura, Josef Sigurdsson, and Jon Steinsson investigate the long-term benefits of moving to a different region.

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Americans Really, Really Hate Inflation—and That’s a Big Problem for the Fed

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Emi Nakamura: Questioning Assumptions