Light Reading

Risk-Centric Monetary Policy
with Alp Simsek
April 2023

Explaining the Wall/Main Street disconnect
with Alp Simsek
October 5, 2020

A risk-centric perspective on the central banks’ Covid-19 policy response
with Alp Simsek
April 30, 2020

Macro-Musing Podcast: The Safe Asset Conundrum 
Interview with David Beckworth

The safe asset shortage, the rise of mark-ups, and the decline in the labour share 
with Emmanuel Farhi and Pierre-Olivier Gourinchas
13 December 2017

Risk intolerance and the global economy: A new macroeconomic framework
with Alp Simsek
August 30, 2017

On the Global ZLB Economy
with Emmanuel Farhi and Pierre-Olivier Gourinchas
October 29, 2015

Dollar Parity May Be Euro's Last Chance
Ricardo Caballero and Francesco Giavazzi
Bloomberg View, January 15, 2012
 

"Asset Scarcity and Financial Crisis"
An interview with the Federal Reserve Bank of Minneapolis
June 2011

Feasible Global Rebalancing: A Case for Monitored and Temporary Dual Exchange Rates
Ricardo J. Caballero
Vox, October 19, 2010

A Helicopter Drop for the Treasury
Ricardo Caballero
VOX, 30 August 2010

Long Live the Euro - at Parity with the Dollar
Ricardo Caballero and Francesco Giavazzi
Financial Times
May 25, 2010

Understanding the Global Turmoil: It's the General Equilibrium, Stupid
Ricardo J. Caballero
VOX, May 21, 2010

New Insight on the Role of Imbalances in the Global Crisis
Ricardo Caballero
VOX, January 14, 2010

Sudden Financial Arrest
Ricardo J. Caballero
VOX, November 17, 2009

Economic witch-hunting
Financial Times Economists' Forum, July 8, 2008

Building a Resilient Financial System
Financial Times Economists' Forum, April 22, 2009

Stress Tests and the Decoupling of Main and Wall Street
Ricardo J. Caballero
VOX, April 20, 2009

A Commission-free PPIP
Ricardo J. Caballero
Financial Times Economist's Forum, April 7, 2009

Steady Through This Storm
Ricardo J. Caballero
Washington Post, April 6, 2009

A "Legacy-Equity" Mechanism to Recapitalise the Banks
Ricardo J. Caballero
VOX, March 26, 2009

A Preliminary Reaction to the PPIP
Ricardo J. Caballero
Financial Times Economists' Forum, March 25, 2009

A (Mostly) Private Capital Assistance Programme (CAP)
Ricardo J. Caballero
VOX, March 18, 2009

Constructive Solutions to the Financial Crisis
Ricardo J. Caballero
Financial Times, Economists' Forum, March 16, 2009

A Policy Principle to Break the Downward Spiral
Ricardo J. Caballero
March 5, 2009
Wall Street Journal Blog

A "Deal" Mentality is Bad Macroeconomics
VOX, March 5, 2009

Dow Boost and a (Nearly) Private Sector Solution to the Crisis
Ricardo J. Caballero
VOX, February 22, 2009

How to Lift a Falling Economy
(Short version of "Dow Boost and a "Nearly Private Sector Solution to the Crisis")
Ricardo J. Caballero
Washington Post, February 22, 2009

An Insurance Complement to TARP II
Ricardo J. Caballero
Wall Street Journal Blog
February 17, 2009

Nationalization without Prices: A Recipe for Disaster
Ricardo J. Caballero
Financial Times Economist's Forum
February 17, 2009

A Capital-less Financial System
Ricardo J. Caballero
January 22, 2009

A Global Perspective on the Great Financial Insurance Run: Causes, Consequences, and Solutions
Ricardo J. Caballero
January 20, 2009

Normalcy is Just a Few Bold Policy Steps Away
Ricardo J. Caballero
December 17, 2008

Knightian Uncertainty and its Implications for the TARP
Ricardo J. Caballero and Arvind Krisnamurthy
Financial Times, November 24, 2008

Vulnerabilidad Externa de la Macroeconomia Colombiana
Ricardo J. Caballero
May 2008

Paulson Plan: "Exemplary Punishment" Could Backfire
Ricardo J. Caballero and Pablo Kurlat
Financial Times, The Economists' Forum, Monday, 29 September, 2008

Moral Hazard Misconception

Ricardo Caballero
Financial Times, Weds, 16 July, 2008

Musical Chairs
Ricardo J. Caballero and Arvind Krishnamurthy
February 2008