# Some Macroeconomic Puzzles: Conjectural Refutations

- Institution: Gresham College
- Speaker: Professor Jagjit Chadha
- Year: 2015
- Level: For everyone
- Language: English
- Subjects: Economics, Business and management
- Source: [Gresham College](https://www.gresham.ac.uk/watch-now/series/some-macroeconomic-puzzles-conjectural-refutations)
- Licence: [Educational use (Gresham College's terms)](https://www.gresham.ac.uk/terms-and-conditions)
- Who can watch: Tweens profiles and older (sources give no ratings; placed by Invisible Network from the source's own words)

How much would you pay to avoid a recession? In other words, can we place a price on the economic costs of business cycle fluctuations? Standard economic models give some clues but they bring difficulties. Can we account for the known difficulties with these models, or is it yet more complicated? In the real world, might government policy have already acted to reduce the costs of fluctuations?

## Lectures

1. [The Costs of Business Cycles](https://invisiblenetwork.ai/learn/gresham/series-some-macroeconomic-puzzles-conjectural-refutations/434a80c7c84b) (YouTube)
2. [The Equity Premium and Low Interest Rates](https://invisiblenetwork.ai/learn/gresham/series-some-macroeconomic-puzzles-conjectural-refutations/d82f86f39bd5) (YouTube)
3. [The Carry Trade and Uncovered Interest Rate Parity](https://invisiblenetwork.ai/learn/gresham/series-some-macroeconomic-puzzles-conjectural-refutations/7fe872decb04) (YouTube)
4. [Why Doesn't Capital Flow From High To Low?](https://invisiblenetwork.ai/learn/gresham/series-some-macroeconomic-puzzles-conjectural-refutations/3407b430cb9d) (YouTube)
5. [The Efficient Markets Hypothesis](https://invisiblenetwork.ai/learn/gresham/series-some-macroeconomic-puzzles-conjectural-refutations/c521778a72d9) (YouTube)
6. [Assessing the Economic Risks from Brexit](https://invisiblenetwork.ai/learn/gresham/series-some-macroeconomic-puzzles-conjectural-refutations/2781cbceeec6) (YouTube)