Category: Macro

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Macro

The empirics of the natural rate of interest

New research on alternative specifications of r*.

Macro

Labor Day: a check-in on wages

How have wages fared in Europe and the US.

Macro

Market power

As US economic growth remains subdued some economists argue that monopoly power might be the culprit.

Macro

The problem with the US debt

Why lack of coordination between monetary and fiscal policies in the presence of rising fiscal imbalances can be detrimental for the economy.

Macro

Can the digital economy boost productivity growth?

Is Robert Gordon correct when arguing that foreseeable innovations may have less impact on economic growth than the great inventions of the past?

Macro

On innovation

What are the necessary ingredients for innovation? How does the age of the management team enter the “equation”?

Macro

News and the economy

News-based uncertainty measures and their effect on asset prices and macroeconomic variables.

Macro

The modern firm

The Medici cycle and why the rising income inequality is driven by firm-level inequality.

Macro

On inflation

Can big corporate deals and value chains provide an explanation for why the Phillips curve has flattened?

Macro

Structural reforms

New research on when are structural reforms implemented, which reforms have the largest impact on GDP and what is the interplay between the government and the private sector that makes reforms successful.

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