Yellen: Don't Want to Have Another Financial Crisis

The video discusses how high unemployment stimulates macroeconomic thought, especially post-financial crisis. It highlights the growing intersection of finance theory and macroeconomics, aiding in understanding systemic risk. The focus is on identifying and preventing potential financial crises through monitoring economic developments.

What impact does high unemployment have on people's thinking about macroeconomics?

How has the financial crisis influenced the direction of economic research?

What is the significance of the work at the border of finance theory and macroeconomics?

What are the key indicators to monitor in order to prevent another financial crisis?

In what ways can understanding systemic risk help in economic monitoring?