In this episode, we speak with Professor Greg Kaplan. Greg is a Professor of Economics at the University of Chicago and an editor at the Journal of Political Economy. In this episode, we speak with Greg about his path to studying economics and his research interest in the macroeconomics of inequality. We also discuss Greg's new paper, “The Great Lockdown and the Big Stimulus: Tracing the Pandemic Possibility Frontier for the US.” The paper integrates an expanded SIR model of virus spread into a macroeconomic model with realistic income and wealth inequality as well as occupational and sectoral heterogeneity. The paper introduces the notion of a “pandemic possibility frontier,” which summarises economic and health costs associated with different mixes of nonpharmaceutical interventions, i.e. lockdowns, and economic policy support options.

This conversation was recorded on September, 16th 2020.

Global Perspectives Podcast with guest Professor Greg Kaplan

We are a team of economists who explore economic policy from an evidence-based, global perspective. Our podcasts provide an opportunity for our team to discuss relevant issues in the analysis of economic policy with researchers from central banks, other policy organizations, and academics working on macroeconomic and trade policy-related research.

Global Perspectives Podcast with guest Professor Greg Kaplan

Global Perspectives Policy Podcast