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Macro

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?

Macro

Functional Finance

The doctrine behind MMT is smart but not completely right, argues Paul Krugman. Not so, responds Matias Vernengo.

Inequality

Preliminary results from the Finnish UBI experiment

What do the results from the Finnish Universal Basic Income (UBI) experiment imply for the viability of the program.

Economic Science

Economic statistics and big data

Recent research on how to use big data to improve official statistics.

International Economics

Patterns in international trade

Can information frictions boost trade? Are global value chains receding? Are trade relationships long lasting?

Macro

A New Normal for Interest Rates?

New research on the global trends in interest rates.

Climate

Green bonds and the ECB

Commentary on how the ECB could stimulate the financing of environmental investments.

Banking

Connectedness

Has connectedness within the banking sector increased or decreased?

Inequality

On gender inequality

Gender inequality and fiscal policy. Are children still negatively impacting women’s earnings?

Books

New and noteworthy books in economics (February)

Rajan on markets and communities; Roos on the merits of default; Monnet on controlling credit and Baldwin on Globotics.

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