Imbalances, Bubbles, and Financial Crisis: CERGE-EI Interviews Giorgio Primiceri

Giorgio Primiceri is interested in uncovering the causes of the U.S. financial crisis. Professor Primiceri visited CERGE-EI to discuss his recent working paper, “The Effects of the Saving and Banking Glut on the U.S. Economy,” where he shows how imbalances in capital flows and foreign savings helped precipitate the crisis. While here, he sat down with PhD student Liyou G. Bourga for a CERGE-EI interview, where they discuss imbalances, crisis, bubbles, and more.

Professor Primiceri is an Associate Professor at Northwestern University. He received his PhD from Princeton University and has published numerous papers on inflation, monetary policy, and macroeconomic fluctuations in leading journals.


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