Category: Macro
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The return of the Beveridge curve
Brand new research on the importance of the Beveridge curve (the relationship between unemployment and the job vacancy rate) in understanding the true state of the U.S. labor market and implications for monetary policy.
High energy prices and the macroeconomy
New research on the impact of high energy prices on the European and U.S. economies.
Ambiguity in macroeconomics
New research on how including ambiguity-averse agents in New Keynesian models impacts monetary policy effectiveness and generates first order welfare losses.
How to develop economic resilience
Should the focus be on resilience by design or by intervention? Should policymakers optimize public policy under radical uncertainty?
On the global minimum tax
Does the global minimum tax increase welfare? Is it equitable when it comes to low and middle income countries?
Price controls: to do or not to do
Recent spikes in inflation have reignited the debate on price controls: how do consumers perceive price controls and what do economists think.
On mental models and information
With information technology making learning more accessible, the issue is no longer “access” to information but instead which information resonates and how is processed by individuals.
On macroeconomic uncertainty
Two interesting new papers on macroeconomic and monetary policy uncertainty.
Understanding sovereign default events
Why do countries default only partially? Do politics matter? A new media based index to predict sovereign default.