Karthik Sastry

1 month ago | thedailystar.net | Joel Flynn |Karthik Sastry

Storytelling is central to how we interpret economic events. We recall economic history through haunting images of anxious crowds waiting to take money out of banks during the Great Depression or dejected office workers carrying cardboard boxes out of Lehman Brothers in 2008. We gauge inflation by comparing shopping baskets with friends and family. We grapple with the consequences of artificial intelligence by channeling our hopes and fears into science fiction.

2 months ago | nber.org | Peter Andre |Joel Flynn |Georgios Nikolakoudis |Karthik Sastry

We are grateful to Kai Barron, Jonathon Hazell, David Laibson, Chen Lian, Lukas Nord, Ryan Oprea, Michael Peters, Oliver Pfäuti, Charlie Rafkin, Chris Roth, Tony Smith, Matthew White, Johannes Wohlfart, and seminar participants at the New York Fed, the University of Connecticut, the LAEF Workshop, CREI, Oxford, Cambridge, the Philadelphia Fed, Princeton, Columbia, and the 2024 Winter SED Meeting. We thank Zhuokai Huang for excellent research assistance.