Category: Macro
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“Immaculate inflation”
Krugman, Andolfatto and Cochrane: more on the unemployment-inflation link!
Ageing populations and real interest rates
New research on how demographics have impacted the economies of advanced countries and what to expect going forward.
Modelling households
Households’ welfare, undiversified portfolios and precautionary savings and their impact on monetary policy and economic growth.
On sovereign debt
Whether domestic or external debt, the notion of sustainability is not clear cut according to these new working papers.
Asset prices and the real economy
Two new research papers review recent theories and empirical evidence on the link between asset prices and macroeconomic outcomes.
“GDP at risk”
New research on the conditional distribution of GDP growth as a function of economic and financial conditions.