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| | understandingsociety.blogspot.com
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| | We are happy to introduce to you a freshly updated list of best economics blogs for 2023.
| | libertystreeteconomics.newyorkfed.org
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| The debate about the natural rate of interest, or r*, sometimes overlooks the point that there is an entire term structure of r* measures, with short-run estimates capturing current economic conditions and long-run estimates capturing more secular factors. The whole term structure of r* matters for policy: shorter run measures are relevant for gauging how restrictive or expansionary current policy is, while longer run measures are relevant when assessing terminal rates. This two-post series covers the ev...