Brexit roundup
The prospects for the City of London Barry Eichengreen explains how "equivalence arrangements" - the requirement that non-member’s banks can ...
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Currency competition
Competing currencies destabilize monetary policy Competing currencies can limit the ability of the central bank to use the interest rate ...
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A new and improved Phillips curve!
Deconstructing the Phillips curve Jordà and al. find that while changes in economic slack have had next to no effect ...
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Low interest rates and market power
Low interest rates lead to market concentration Liu and al. argue that a reduction in long-term interest rates tends to ...
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The truth about China
What is GDP in China The biggest problem with China's GDP, argues Michael Pettis, is that China’s reported GDP is ...
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The debate over wealth taxes
Why countries are dropping their wealth taxes? To me, many of the endorsements of a wealth tax feels more like ...
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What moves exchange rates?
Liquidity and exchange rates Engel and Wu use a standard New Keynesian model but augmented with a role for liquidity ...
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The euro turns 20
Lessons learned The euro’s first 20 years played out very differently than many expected, highlighting the importance of recognizing that ...
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The end of economics?
The end of economics? If economics has failed to accurately capture the motives of the modern individual, what about modern ...
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Data in the modern economy
The extreme view Mark Jamison "debunks" the following myths and argues against any privacy regulation. Myth 1: Privacy regulations stimulate ...
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