Andrea Eisfeldt from UCLA gives lecture on Human and Intangible Capital.
This is the first lecture in Macro Finance Society-Wharton Virtual Summer School 2020: “Open Questions in Macro Finance,” August 2020
Here you can find the full schedule of the MFS-Wharton Virtual Summer School:
https://macrofinancesociety.org/mfs-w...
Andrea Eisfeldt's web-site: https://sites.google.com/site/andreal....
Nick Roussanov (Wharton) does a short introduction of the Macro Finance Society (https://macrofinancesociety.org/). The mission of the Macro Finance Society is to advance and disseminate high-quality research in Macro Finance, which is a broad area at the intersection of financial economics and macroeconomics. The research conducted at The Society emphasizes microeconomic foundations via (dynamic) structural modeling, while being grounded in the data. Members of The Society consist of both financial economists and macroeconomists, who share the common goal of advancing and disseminating high-quality research in Macro Finance.
Macro-finance addresses the link between asset prices and economic fluctuations. Macroeconomics (from the Greek prefix makro- meaning "large" + economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole. Macroeconomists study topics such as GDP, unemployment rates, national income, price indices, output, consumption, unemployment, inflation, saving, investment, energy, international trade, and international finance. Asset prices are the prices for which financial instruments, such as stocks, bonds, currencies, etc., are bought and sold.
MFS web-site: https://macrofinancesociety.org/