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Banking

Ten years ago …

What happened on August 9th 2007 that makes economists believe that this was the day the Global Financial Crisis started.

International Economics

“The impossible trinity”

Recent research on the international monetary trilemma and financial stability.

Macro

News and the economy

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

Economic Science

New and Post Keynesian economics

The current state of the debate between mainstream and heterodox macroeconomists.

Economic Science

Ten most read posts in July

A list of commentaries and research papers which got the highest number of views during July 2017.

Books

New and noteworthy books in economics (August)

Three notable new books on: Finance, Universal Basic Income and Hayek and Keynes

Monetary Policy

Do interest rates matter?

Are interest rates the main channel through which monetary policy is transmitted? A look at old and new research.

China

China News

Things are “fishy” in China!

Macro

The modern firm

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

Inequality

The Universal Basic Income debate

What are the real goals of a UBI policy? What are the main problems and what experiments are being run. Is it a better policy for developing countries? How does it affect the bargaining power of workers and women?

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