Full text of Statements and Speeches of James Bullard : Classic Policy Benchmarks for Economies with Substantial Inequality : XXV Annual Conference of the Central Bank of Chile, Heterogeneity in Macroeconomics: Implications for Monetary Policy : Landing Page

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Policy Panel at Central Bank of Chile Conference
November 22, 2022
St. Louis Fed President Jim Bullard participated on a policy panel during the Annual Conference of
the Central Bank of Chile. The topic of the conference was “Heterogeneity in Macroeconomics:
Implications for Monetary Policy.”
During the panel discussion, Bullard presented “Classic Policy Benchmarks for Economies with
Substantial Inequality” (PDF). In the presentation, he outlined an argument that the contribution
of a central bank to optimal macroeconomic policy may not be importantly altered by the presence
of heterogeneous households. (He has presented previous versions of these slides at lectures and
conferences.)
Video
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