Category: Economic Growth

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Economic Growth

Modernizing the transportation network

What are the effects of transportation modernization on the economy? Who should pay for it?

Economic Growth

A spat over secular stagnation

Was secular stagnation a “political” argument? Were the policies implemented the right ones? Stiglitz, Summers and Farmer are debating.

Economic Growth

The lasting damage of the financial crisis

Ten years after the financial crisis and the US economy remains smaller with employment and earnings losses that still linger.

Economic Growth

Turkey’s next steps

Would a currency board solve lira’s woes? Erdogan’s leverage with the IMF.

Economic Growth

The flattening yield curve

The current flattening of the US yield curve: the result of trade policy, FOMC policy or much ado about nothing?

Economic Growth

Economists on Russia

De Grauwe, Milanovic, Piketty and al. on Russia’s economic future and inequality.

Economic Growth

Technology shocks and spillovers

Which countries benefit from technology spillovers.

Economic Growth

Repairing fiscal multipliers

Two new research papers on how to correct the high estimates of fiscal multipliers in New-Keynesian models at the zero bound.

Economic Growth

Warning signs from the US economy

The uncertainty indexes have shot up and the yield curve is flattening. Is the US heading towards a recession?

Economic Growth

The return of the zombies

Empirical regularities between the growing incidence of zombie firms and declining interest rates.

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