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20 сентября, 20:53

Links (9/20/18)

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A Smorgasbord Recession? (Wonkish) - Paul Krugman Political Pressure on Central Banks - Carola Binder Three Sudden Stops and a Surge - Brad Setser Japan’s Successful Economic Model - Adair Turner The economic cost of repellent leadership - VoxEU Foreign...

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17 сентября, 20:39

Links (9/17/18)

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The Credit Crunch and the Great Recession (Wonkish) - Paul Krugman Comments on monetary policy at the effective lower bound - Janet Yellen Why central banks should not be inflation nutters - VoxEU Can Trade Agreements Be a Friend to...

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13 сентября, 21:41

Links (9/13/18)

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Botching the Great Recession - Paul Krugman Fed Interest-Rate Debate Misses the Bigger Picture - Tim Duy The financial crisis and the foundations for macroeconomics - Larry Summers The Makings of a 2020 Recession and Financial Crisis - Roubini &...

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12 сентября, 01:49

Links (9/11/18)

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Trade, Inflation Targeting, and Central Bank Independence - PIIE The Stable-Coin Myth - Barry Eichengreen On the Debt Non-Spiral - Paul Krugman Parrots Barter Tokens for Food. - The New York Times Social-nativism, the Italian nightmare - Thomas Piketty Vaulting...

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07 сентября, 23:52

Links (9/7/18)

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What We Need to Fight the Next Financial Crisis - Bernanke, Geithner, Paulson Crash Time - Kenneth Rogoff Kavanaugh Will Kill the Constitution - Paul Krugman For Whom the Climate Bell Tolls - J. Bradford DeLong Final Thoughts on Secular...

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06 сентября, 01:29

Links (9/5/18)

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Google's New Dataset Search Tool - No Hesitations Beyond Secular Stagnation - Joseph E. Stiglitz Tail Risks - Brad DeLong Income inequality in France - VoxEU Secular Stagnation Revisited - Roger E.A. Farmer Making big data work for economics -...

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05 сентября, 01:47

  New Evidence that Unions Raise Wages for Less-Skilled Workers

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From Steve Maas at the NBER: New Evidence that Unions Raise Wages for Less-Skilled Workers: Tapping into eight decades of private and public surveys, a new study finds evidence that unions have historically reduced income inequality. For Unions and Inequality...

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03 сентября, 22:47

Links (9/3/18)

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Secular Stagnation, Myth and Reality - Gauti B. Eggertsson Setting the Record Straight on Secular Stagnation - Lawrence H. Summers Don't Get Into a Knife Fight with Larry Summers - Marginal Revolution Some Blogospheric Navel-Gazing - Three-Toed Sloth Corporate philanthropy...

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02 сентября, 00:59

Links (9/1/18)

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I have been in Hawaii since before the hurricane and kind of fell behind. Oops: The Blind Target Shooter - Nick Rowe The 1 vs 3 Model of Quick Recessions vs Slow Recoveries - Nick Rowe Predictable movements in asset...

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23 августа, 19:44

Links (8/23/18)

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Partisanship, Parasites, and Polarization - Paul Krugman Trade and growth in the Iron Age - VoxEU Socialism in one country - Stumbling and Mumbling On the Economics of the Google Android Case - ProMarket Minutes of the Federal Open Market...

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21 августа, 19:00

Links (8/21/18)

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The G.O.P.’s Climate of Paranoia - Paul Krugman The biggest economic policy mistake of the last decade - mainly macro The Slippery Slope of Complicity - Paul Krugman The IT revolution and the globalisation of R&D - VoxEU Sources of...

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19 августа, 18:11

Credit Supply and Housing Speculation

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Atif Mian and Amir Sufi at VoxEU: Credit supply and housing speculation, by Atif Mian and Amir Sufi, VoxEU: Charles P. Kindleberger, who was the world’s leading expert on financial crises, wrote that “asset price bubbles depend on the growth...