David Beckworth: NGDPLT Capitol Hill presentation

David reports on his briefing:

(…) I have been busy with other projects (…) several trips to Capital Hill to do briefings on nominal GDP targeting to Congressional and Senate staffers.  One of those trips was yesterday, with Scott Sumner and I presenting to a group of about 70 staffers.  Former Dallas Fed President  Bob McTeer moderated.   Here are the slides I used in my talk and here is Scotts new paper on NGDP targeting.


PS. Too bad Bob McTeer is not still the Dallas Fed President.  He is a great monetary economist.  Be sure to check out his blog.