Why the Fed Should Keep the Output Gap Equal to Zero
In the early days of the pandemic, in Spring 2020, I made some videos as lectures for my Intermediate Macro students. Since I asked my students this Spring 2022 semester to watch them, I watched them back myself (at 2x). I thought many of them stand up pretty well with time. So I plan to post some of them. Here is a lecture on the aim of monetary policy.