Ben Bernanke

Jun 19, 2024 | lawliberty.org | Ben Bernanke |Alex J. Pollock |Bradley J. Birzer |John O. McGinnis

About every ten years or so, financial crises spoil economic hopes and many best-laid plans. As scary as they are while happening, like everything else, in time, they tend to fade from memory. For example, can you recall the remarkable number of US depository institutions that failed in the crisis of the 1980s? (The correct answer: More than 2,800!)The weakness of financial memory is one reason for recurring over-optimism, financial fragility, and new crises.

May 31, 2024 | nber.org | Olivier Blanchard |Ben Bernanke

We thank the Peterson Institute for International Economics and the Hutchins Center for Fiscal and Monetary Policy at the Brookings Institution for research support. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. Related

May 17, 2024 | piie.com | Ben Bernanke |Olivier Blanchard

In a collaborative project with ten central banks, Bernanke and Blanchard investigate the causes of the pandemic-era global inflation, building on their work for the United States. Globally, as in the United States, pandemic-era inflation was due primarily to supply disruptions and sharp increases in the prices of food and energy; however, the inflationary effects of these supply shocks have not been persistent, in part due to the credibility of central bank inflation targets.

May 17, 2024 | edwardconard.com | Raffaele Huang |Yoko Kubota |Ben Bernanke |Olivier Blanchard

Microsoft is giving hundreds of China-based employees in its cloud-computing and artificial intelligence operations the option to transfer to offices in the U.S., Ireland, Australia, and New Zealand. Microsoft is asking hundreds of employees in its China-based cloud-computing and artificial intelligence operations to consider transferring outside the country, as the American tech behemoth finds itself caught in the crosshairs of escalating U.S.-China tensions.

May 16, 2024 | piie.com | Ben Bernanke |Olivier Blanchard

In a collaborative project with ten central banks, Bernanke and Blanchard investigated the causes of the postpandemic global inflation, building on their work for the United States. Globally, as in the United States, postpandemic inflation was due primarily to supply disruptions and sharp increases in the prices of food and energy; however, the inflationary effects of these supply shocks have not been persistent, in part due to the credibility of central bank inflation targets.