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  <title>Marijn Bolhuis on Fiscal R-star and its Implications for Macroeconomic Policy</title>
  <description> Marijn Bolhuis is an economist in the World Economic Studies Division of the IMF’s&amp;amp;nbsp;research department. In Marijn’s first appearance on the podcast he discusses his new paper,&amp;amp;nbsp;which introduces the idea of a fiscal r-star, and expands on another paper which helps&amp;amp;nbsp;economists understand why consumer sentiment is so depressed, despite relatively low unemployment&amp;amp;nbsp;and inflation coming back to target. Check out the  transcript for this week’s episode, now with links. Follow David on X: @DavidBeckworth Follow Marijn on X: @MA_Bolhuis Follow the show on X:&amp;amp;nbsp;@Macro_Musings Check out our new AI chatbot: the Macro Musebot! Join the new Macro Musings&amp;amp;nbsp;Discord server! Join the Macro Musings&amp;amp;nbsp;mailing list! Check out our Macro Musings&amp;amp;nbsp;merch! Subscribe to David's new BTS YouTube Channel&amp;amp;nbsp; Timestamps: (00:00:00) – Intro (00:01:38) – Marijn Bolhuis’ Career Path (00:06:02) – Fiscal R-Star (00:45:30) – Cost of Money and Consumer Sentiment (00:51:43) – Outro  </description>
  <author_name>Macro Musings with David Beckworth</author_name>
  <author_url>http://macromarketmusings.blogspot.com/</author_url>
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