Marshall Steinbaum on the economic research that ensued after Piketty. SeHyoun Ahn and al. publish a paper on inequality and macro shocks. Pierre Monin presents research on the effect of macropru on income distribution.
Has the equilibrium real interest rate declined? Two new research papers dispute this recent research finding. What policy rule should Central Banks follow when the level of r-star is uncertain, asks John Williams, of the San Francisco Fed.
What does the Macron victory imply for the future of Eurozone? Opinions from Jacob Funk Kirkegaard, Paul Krugman and John Cochrane. Steve Cecchetti and Kim Schoenholtz are starting to worry about Italy now.
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