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Brookings Podcast on Economic Activity

The Brookings Institution
Inflation
Economic Policy
Covid-19
Federal Reserve
Fiscal Policy
Federal Debt
Budget Deficits
Labor Market
Banking System
Congress
Tax Policy
Economic Recovery
Climate Change
Monetary Policy
Uninsured Deposits
Financial Regulation
Wages
Household Costs
Dodd-Frank Act
Midsize Regional Banks

The Brookings Podcast on Economic Activity connects you to cutting edge economic policy research and the renowned economists who create it. On each episode, the Brookings Papers on Economic Activity editors introduce new BPEA research and present a conversation between the author and a Brookings scholar to bridge the divide between economic theory and practical policy solutions.

PublishesTwice monthlyEpisodes42Founded4 years ago
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Artwork for Brookings Podcast on Economic Activity

Latest Episodes

In 2010, the U.S. government projected that Americans would spend about $6 trillion dollars on health care, a little over 21% of GDP, in 2024. The actual amount spent was almost $1 trillion less. In fact, health care spending has been below projectio... more

China's real estate sector and infrastructure account for nearly one-third of economic demand in China. Plus, Chinese households allocate far more of their wealth to housing (nearly 70%) than households in other countries. So with the country's real ... more

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Since the Great Financial Crisis of 2008, the Federal Reserve has amassed roughly $6.6 trillion in assets, primarily in the form of Treasury securities and government-guaranteed mortgage-backed securities. Some, including President Trump's nominee to... more

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The CHIPS and Science Act of 2022 included funds for billions of dollars in federal investments in U.S.-based manufacturing, a major landmark in the history of America's industrial policy. While the full impacts of such a large bill will take years t... more

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Recent Guests

David M. Cutler
Professor at Harvard University
Harvard University
Episode: Why is spending on health care slowing?
Lev Klarnet
Co-author of the Brookings paper
Harvard University
Episode: Why is spending on health care slowing?
Richard Frank
Director of Brookings Center on Health Policy
Brookings Institution
Episode: Why is spending on health care slowing?
Ken Rogoff
Marit C. Boas Professor at Harvard University
Harvard University
Episode: How long will China's real estate crisis last?
Yuanchen Yang
Economist at the International Monetary Fund
IMF
Episode: How long will China's real estate crisis last?
Darrell Duffie
Adams Distinguished Professor of Management and Professor of Finance, Stanford University
Stanford University
Episode: How can the Fed reduce its balance sheet?
Bilge Erten
Associate Professor of Economics and International Affairs at Northeastern University
Northeastern University
Episode: Has the CHIPS Act created jobs?
Joseph Stiglitz
University Professor at Columbia University
Columbia University
Episode: Has the CHIPS Act created jobs?
Eric Verhoogen
Professor of International and Public Affairs and Economics at Columbia University
Columbia University
Episode: Has the CHIPS Act created jobs?

Hosts

Jan Eberle
Co-editor of the Brookings Papers on Economic Activity; James R and Helen D. Russell Professor of Finance at Northwestern University (various affiliations)
John Steinson
Co-editor of the Brookings Papers on Economic Activity; Mahert Professor of Public Policy and Economics at UC Berkeley / Co-editor of The Brookings Papers on Economic Activity

Reviews

4.8 out of 5 stars from 23 ratings
  • Best podcast

    Best!

    Apple Podcasts
    5
    nomanama
    South Korea4 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Polished hosting with practical takeaways for decision-makers.
Could use more diversity in guest backgrounds.
Clear, data-driven episodes that connect theory to policy.
High-caliber guests and rigorous discussion.

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Talking Points

Recent interactions between the hosts and their guests.

Why is spending on health care slowing?
Q: How important is cost-sharing in driving the slowdown, and what are the concerns?
Cost-sharing explains a meaningful portion of the slowdown, but there are concerns that high deductible plans lead to foregone care and misallocation of valuable services, potentially harming outcomes.
Why is spending on health care slowing?
Q: What is the main finding about the spending slowdown and health outcomes?
The paper argues that spending growth slowed substantially while health outcomes largely did not suffer, indicating that value and efficiency gains—driven by cost-sharing rules and technological progress—played a major role.
How long will China's real estate crisis last?
Q: What has the government done and has it been effective?
The government has backstopped local government debt and attempted to lift consumption to compensate for the housing downturn, but challenges include a weaker social safety net and the difficulty of replacing housing-driven demand with other sectors; policy suggestions emphasize managing wealth effects and diverse fiscal support rather than a simple export-led shift.
How long will China's real estate crisis last?
Q: What features are common to previous real estate bust episodes such as the one in Japan?
Common features include a fundamental overbuilding and overinvestment that triggers the bust, amplified by factors like debt and wealth effects, with the novelty in each case being the role of local government debt and how sentiment and disaggregated data influence the speed and geography of the downturn.
How long will China's real estate crisis last?
Q: Let me start with a just broad question to set the stage for the work you have done. Can you please briefly walk us through what the real estate boom and bust episode in China, has looked like?
The boom and bust in China is tied to the real estate sector as a cornerstone of growth, with extensive building in major cities and even rural areas, followed by a significant price decline that has reduced household wealth and dampened consumption, similar to earlier experiences like Japan but with different financing dynamics. This frame sets up the discussion of why the crisis persists and its macro implications.

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Frequently Asked Questions About Brookings Podcast on Economic Activity

What is Brookings Podcast on Economic Activity about and what kind of topics does it cover?

Listeners are likely policy-minded economics enthusiasts who follow cutting-edge research and practical policy discussions. Episodes center on macroeconomics, labor markets, housing, climate costs, and financial stability, frequently featuring researchers from top universities and policy think tanks. The format combines the Brookings editors introducing new BPEA work with a live conversation between the paper's author and a Brookings scholar, which tends to yield pragmatic policy takeaways and nuanced debates. This show is probably valuable for professionals seeking rigorous analysis with real-world implications, as well as for guests who want to reach policymakers and informed audiences. A notable strength is its steady access to leading e... more

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1. Macro Musings with David Beckworth
2. The Trade Guys
3. Capitalisn't
4. EconTalk
5. Odd Lots

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Brookings Podcast on Economic Activity launched 4 years ago and published 42 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Brookings Podcast on Economic Activity?

Recent guests on Brookings Podcast on Economic Activity include:

1. David M. Cutler
2. Lev Klarnet
3. Richard Frank
4. Ken Rogoff
5. Yuanchen Yang
6. Darrell Duffie
7. Bilge Erten
8. Joseph Stiglitz

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