For all the focus on central banks to step in and fight the next downturn, there are tools outside of monetary policy that could be employed. In this Alphachat Podcast, I talk to Jay Shambaugh about fiscal stabilizers and why we should focus on establishing them now while times are good: https://www.ft.com/content/92dea877-1c35-4a98-b24f-9fb8b4d122ec
Megan Greene
Senior Fellow, M-RCBG at Harvard Kennedy School
