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Monetary Policy

Change of the guard at the ECB

What next for the ECB now that its top leaders are on their way out.

Books

New and noteworthy books in economics (May)

Thinking outside the box about capitalism, AI, game theory and even Keynes!

Demographics

The challenges of aging population

The global population is aging. This demographic shift will present the US with particularly acute problems.

Economic Science

The death of the representative agent

New research on the shortcomings of representative agent models.

Macro

Productivity and access to credit

Access to credit affects productivity growth in a non-linear way.

Monetary Policy

The Fed’s strategy: rules vs discretion

What are the effects of the various rules that the Federal Reserve considers in setting policy?

Financial Markets

Markets and Policy

The Fed’s relationship with financial markets has become increasingly unhealthy.

Economic Science

How much money would you accept to give up Facebook?

Digital goods increase consumer surplus but do they also increase subjective well-being?

Macro

Revisiting the Phillips curve

New research on a) the nonlinearity of the Phillips curve; and b) ways to improve the Phillips curve.

China

European views on the US-China trade dispute

How do Europeans view the trade dispute between US and China? Is there a role for Europe to play?

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