Archive
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Immigration in Europe
New research on how high skilled immigrants in Europe contribute to innovation and the increase of the top 1% income share.
Why have Russian sanctions failed
The sanctions regime imposed on Russia has led to only a small dent in its economy. Interesting commentary and research explaining why.
The acrimony over ESG
The merits of the recent movement seeking to prohibit financial institutions from following ESG guidelines.
On government policies
New research on the credibility of government policies aimed at preserving fiscal prudence and price stability.
Managing a soft landing
New research on whether the Fed can engineer a soft landing.
New and noteworthy books in economics (February)
Four books, four authors who think “outside the box:” on how to tackle the complexity of environmental policy; on regionalism vs globalization; on the truth about India’s economic growth; and on how central banks became so powerful.
AI in economics
Using machine learning to solve complex models and HANC models without the Krusell-Smith aggregation.
Monetary policy and financial instability
More evidence on how persistently loose monetary policy, through its effect on financial markets can lead to a financial crisis.
Inequality and aggregate fluctuations
In a highly unequal economy social comparisons can lead to more risk taking or high precautionary savings depending on whether households engage in upward or downward comparisons.
The monetary-fiscal policy nexus in the Eurozone
New research highlights the effects of monetary policy on national fiscal policies.