Global Perspectives Podcast with guest Professor Greg Kaplan by Global Perspectives Policy Podcast

In this episode, we speak with Professor Greg Kaplan. Greg is a Professor of Economics at the University of Chicago and an editor at the Journal of Political Economy. In this episode, we speak with Greg about his path to studying economics and his research interest in the macroeconomics of inequality. We also discuss Greg's new paper, “The Great Lockdown and the Big Stimulus: Tracing the Pandemic Possibility Frontier for the US.” The paper integrates an expanded SIR model of virus spread into a macroeconomic model with realistic income and wealth inequality as well as occupational and sectoral heterogeneity. The paper introduces the notion of a “pandemic possibility frontier,” which summarises economic and health costs associated with different mixes of nonpharmaceutical interventions, i.e. lockdowns, and economic policy support options.

This conversation was recorded on September, 16th 2020.