Interview with Ellen McGrattan: Business Cycles and Intangible Capital
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Tim Sablik of the Richmond Fed interviews “Ellen McGrattan: On measuring what businesses do, developing effective tax policy, and searching for answers beyond the lamppost” (Econ Focus: Federal Reserve Bank of Richmond, First/Second Quarter 2026). Here are a few of the comments that caught my eye:
How did McGrattan become interested in business cycles?
In grad school, I stumbled upon a paper by Finn Kydland and Ed Prescott that was game changing for me. Their revolutionary i
How did McGrattan become interested in business cycles?
In grad school, I stumbled upon a paper by Finn Kydland and Ed Prescott that was game changing for me. Their revolutionary i
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