Archive
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The drop in US listed firms
The number of listed firms in the U.S. has fallen in every year as a result, relative to other countries, the U.S. now has abnormally few listed firms.
Challenges to central bank independence
Central bank independence is increasingly in danger. John Cochrane and Paul Tucker discuss what needs to be done going forward.
How anchored are inflation expectations?
A new World Bank research analyzes the evolution and determinants of inflation expectations in emerging markets and advanced economies.
Some statistics on women in economics
The AEA just released its first ever survey on the professional climate in Economics.
A US recession around the corner!
Economists explain that certain patterns are forming in the US economy that should raise the alarm.
New and noteworthy books in economics (March)
Our editors’ picks: “Currencies, Capital, And Central Bank Balances: A Policy Conference”, “The State strikes back: the end of economic reform in China?”, “Measurement of Productivity and Efficiency” and “Innovation Policy and the Economy”.
Strategies for a low rate environment
Revisiting the “secular stagnation” hypothesis: are we relying too much on central banks?
The CLO market
Does the Collateralized Loan Obligation market point to a financial snag ahead?
Fiscal multipliers and the American Recovery and Reinvestment Act
What were the effects of the 2009 US government fiscal spending called the American Recovery and Reinvestment Act? Did the way it was financed matter?
Functional Finance
The doctrine behind MMT is smart but not completely right, argues Paul Krugman. Not so, responds Matias Vernengo.