David Weinstein - When Banks Fail, the Case of Japan

The video features a discussion with a Columbia University economics professor about his project on the financial accelerator, which examines the impact of financial markets on the real economy. The professor compares financial crises in the US and Japan, highlighting the availability of comprehensive data in Japan. He emphasizes the importance of an interdisciplinary approach in economic research and discusses the broad scope and potential for contributions in the field of economics. The video concludes with a look at future research directions.

What does the professor find fascinating about the differences between Japan and the United States?

What motivates the professor's interest in economics as a field of study?

In what ways does the professor believe economics can contribute to understanding societal issues?

What interdisciplinary approaches does the professor suggest are important for economic research?