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Society & Culture
June 19, 2020 | 04:10 pm

What will it take to restore the economy after COVID-19?

Narayana Kocherlakota, the Lionel W. McKenzie Professor of Economics, says the prospects for economic recovery depend on how effectively we can combat COVID-19.

topics: COVID-19, Department of Economics, Narayana Kocherlakota, Rochester Restart, School of Arts and Sciences,
Society & Culture
April 27, 2020 | 11:54 am

Narayana Kocherlakota to Fed: Stop banks from paying dividends

In advance of this week’s Fed meeting, Kocherlakota calls on the Fed to prohibit banks from paying dividends to shareholders. “Banks should be keeping as much capital as they can,” he says.

topics: Department of Economics, economy, federal open market committee, federal reserve, FOMC, Narayana Kocherlakota, School of Arts and Sciences,
Society & Culture
April 11, 2020 | 10:05 am

Rochester economist: Without stronger leadership, ‘disaster’ lies ahead

Without a coordinated system of testing, tracing, and quarantining for COVID-19, economic activity cannot resume—and the downturn will be steeper and longer than any since before World War II, says Rochester economist Narayana Kocherlakota.

topics: COVID-19, Department of Economics, Narayana Kocherlakota, recession, School of Arts and Sciences,
Society & Culture
March 31, 2020 | 12:45 pm

Rochester economist: ‘Congress will have to do more’ to fight recession

The $2 trillion stimulus plan working its way through Congress likely won’t be adequate to save the US economy from recession in the face of the coronavirus pandemic, says University of Rochester economist Narayana Kocherlakota.

topics: COVID-19, Department of Economics, Narayana Kocherlakota, recession, School of Arts and Sciences,
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