When Do We Know Employment has Fully Recovered From the Coronavirus Depression?

Designing Automatic Triggers for State and Local Policy.

A Shareable Version of this Piece Can be Found Here

A consistent theme of Notes on the Crises is the ways that we can redesign fiscal policy, monetary policy- and even non-financial regulation- to better manage macroeconomic and social instability. Something I’ve talked about regularly — both in the context of fiscal cliffication and in other contexts — …