Greg Kaplan

My first book "Macro: The Economic Models that Shape Our World" is now out !
Available at your favorite bookseller.

A few weeks ago the Fed released the latest wave of its Survey of Consumer Finances (SCF), covering 2025. The SCF comes out only every three years, so this is a great time to update our evidence on the share of hand-to-mouth households in the United States.

My piece in @ProSyn explains the reality of the benefits and costs of discretionary fiscal stimulus payments to households

New paper: "How Does Monetary and Fiscal Policy Affect the Economy in the Face of Large Shocks?" (with @KenMiyahara ) Paper: shorturl.at/K3zUK

Two model features are important for understanding the effects of policy in the COVID era: heterogeneous households + state-dependent pricing.

How would the US economy have evolved under different fiscal and monetary responses? 🧵

On 14-15 Dec, @E61Institute and @UNSW will host the latest edition of the Macro4Micro workshop in Sydney, Australia. Details here: e61.in/events/m4m-mic…

Confirmed speakers include @glviolante, @itskhoki, @JonSteinsson and Emi Nakamura.

Would love to see you in Sydney - please consider submitting a paper and spread the word!