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Oil

Ready for higher oil prices?

As US policy towards Iran might lead to higher oil prices, how will inflation be affected.

Monetary Policy

Is the Fed’s independence on the line?

The White House’s two nominees for the Federal Reserve Board raise concerns about whether it is possible to insulate the central bank from partisan politics in the U.S.

Books

New and noteworthy books in economics (April)

Four great books: on Brexit; on the 2008 financial crisis written by the main “players”;  on the successes and failures of  free-market economics; and  on a fresh  way to look at inequality.

Tech

“The biggest puzzle in economics”

We live in a superstar economy which lacks any actual superstar firms!

Macro

On collective agreements

Collective bargaining in Italy and Germany: what are the differences?

Inequality

Views on immigration and redistribution

“The traditionally socially generous and inclusive policies of European countries face the dilemma of natives favoring them for themselves but opposing them for immigrants.”

China

China’s Belt and Road Initiative

Interesting research on the type of Chinese foreign acquisitions.

Macro

Identification via the ZLB

Can the Zero Lower Bound (ZLB) on interest rates be used to identify the causal effects of monetary policy?

Economic Science

When economists tackle morality…

New research on how to elicit prosocial behavior.

Economic Growth

Debating the Rachel-Summers paper on secular stagnation

In a recent paper Rachel and Summers argue that mature industrial economies are prone to secular stagnation, and therefore there is an urgent need for governments to find new ways of promoting investment and boosting private demand. Who disagrees?

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