Fed St. Louis Research Review - FEDTalk AI (2018 FULL)

Episode Notes:Introduction:Backdrop: A dive into the 2018 publications from the Federal Reserve Bank of St. Louis Review.Objective: To shed light on the economic shifts, developments in technology, and broader societal impacts as discussed in these academic papers.Fourth Quarter 2018, Vol. 100, No. 4:Measuring Potential Output: Discussion on "Comparing Measures of Potential Output" by Guisinger, Owyang, and Shell.Innovation & Technology in Trade: Analyzing "Domestic Innovation and International Technology Diffusion" by Santacreu and Zhu.Digital Transactions and Privacy: A perspective on "Payment Systems and Privacy" with Charles Kahn.Credit, Unemployment, & Inequality: An exploration into "Effects of Credit Supply on Unemployment and Income Inequality" by Bandyopadhyay, Dinopoulos, and Unel.Third Quarter 2018, Vol. 100, No. 3:Executive Compensation Examined: Diving into "How Well Does Agency Theory Explain Executive Compensation?" by Gayle, Li, and Miller.Income Dynamics of Top Earners: A look into "Top Earners: Cross-Country Facts" by Badel, Daly, Huggett, and Nybom.Institutional Barriers & Income Differences: Understanding "Institutional Barriers and World Income Disparities" with insights from Wang, Wong, and Yip.Influence of Parental Factors on Education: Discussing "Intergenerational Mobility and Parental Influences" by Gayle, Golan, and Soytas.Second Quarter 2018, Vol. 100, No. 2:Demystifying Blockchain: Breaking down "Blockchain: What It Is and Why You Probably Don’t Need One" by Andolfatto.Central Bank & Digital Money: Exploring "The Case for Central Bank Electronic Money vs. Cryptocurrencies" by Berentsen and Schär.Bitcoin's Resource Implications: Delving into "Is Bitcoin a Waste of Resources?" with Stephen Williamson.Remembering Allan Meltzer: A tribute to "Allan Meltzer and the Search for a Nominal Anchor" by Bullard.Central Banking & Inflation Control: Analyzing perspectives by Williamson and Gavin on inflation control and monetary policies.Basel Accord's Impact: Discussing the policy implications in "The Basel Accord and Financial Intermediation" by Berka and Zimmermann.First Quarter 2018, Vol. 100, No. 1:Cryptocurrency Introduction: Understanding the basics with "A Short Introduction to the World of Cryptocurrencies" by Berentsen and Schär.Founding of the Fed: Delving into the historic "Furnishing of an 'Elastic Currency'" and the evolution of U.S. banking with Carlson and Wheelock.Economic Cycles: Examining "Credit Cycles and Business Cycles" by Azariadis.Size & Economic Distortions: A deep dive into "The Aggregate Implications of Size-Dependent Distortions" by Roys.Outro: A wrap-up on the key discussions and themes of 2018, emphasizing the growth of cryptocurrencies and technology's role in modern economics. Encouraging listeners to explore the full publications for a comprehensive understanding, thanking them for tuning in, and providing a sneak peek into the next episode's content.