October 5, 2020· 50 min
An IMF Economist On The Challenge Of Finding The Neutral Rate Of Interest
Orality
Model
50%
Speaker Breakdown
HostTracy Alloway(1,415 words)
M:29%
GuestPeter Williams(6,582 words)
M:27%
Oral Indicators
Agonistic30%
literally, very, clearly
Engagement80%
you, our, your
Memory Aids100%
listen, right, like
Repetition100%
know (224x), sort (186x), like (162x)
Parallelism100%
And I'm Joe Wasenthal...., But I was thinking more specif..., And I think Yeah....
Sound Patterns44%
46 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases4%
you know what, i mean
Literate Indicators
Hedging8%
probably, suggests, quite
Passive Voice5%
is when, be estimated, be based
Abstract Nouns15%
investment, question, inflation
Subordination7%
because, since, until
Sentence Length58%
Avg: 19.5 words/sentence
Word Complexity49%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style20%
839 personal pronouns found
Descriptive Style100%
internationally, apply, lately
Description
One of the guiding lights of Fed policy over the years has been the so-called Neutral Rate of Interest or R*. It's at this rate, theoretically, where the economy comes into balance, with full employment and stable prices. Yet, not only has discovering that level become challenging, but the premise itself has been called into question. On this episode, we speak with Peter Williams, an analyst and economist at the IMF, on what it takes to find the right level, and how the concept itself can be salvaged. See omnystudio.com/listener for privacy information.