Newsletters

Brexit roundup

The prospects for the City of London Barry Eichengreen explains how "equivalence arrangements" - the requirement that non-member’s banks can ...
Read More
/ Brexit

Currency competition

Competing currencies destabilize monetary policy Competing currencies can limit the ability of the central bank to use the interest rate ...
Read More
/ Monetary Policy

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 ...
Read More
/ Macro

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 ...
Read More
/ Macro

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 ...
Read More
/ China

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 ...
Read More
/ Macro

What moves exchange rates?

Liquidity and exchange rates Engel and Wu use a standard New Keynesian model but augmented with a role for liquidity ...
Read More
/ International Economics

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 ...
Read More
/ Eurozone

The end of economics?

The end of economics? If economics has failed to accurately capture the motives of the modern individual, what about modern ...
Read More
/ Economic Science

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 ...
Read More
/ Tech

Theme by Anders Norén