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25 марта, 10:06

Links for 03-25-17

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Loss Aversion, Trump and the New Opening for Medicare for All - Robert Frank Behind Blue Eyes after the Bill was Killed - Robert Waldmann Is Housing Driving the Rise in Profits? - Dietrich Vollrath Global Productivity Growth: Diminishing Convergence...

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24 марта, 23:22

Why Scrapping NAFTA Would be Trump’s Big Gift to China

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Larry Summers: Why scrapping NAFTA would be Trump’s big gift to China: I was in Mexico Thursday seeing the Mexican president, foreign minister and finance minister and addressing a convention of bankers. The only subjects anyone is interested is the...

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24 марта, 23:16

The Saga of Currency Unions and Trade

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Douglas Campbell: The Saga of Currency Unions and Trade: One of the first full papers I wrote was on currency unions and trade. I was taking Alan Taylor's field course at UC Davis, which was essentially and Open-Economy Macro History...

24 марта, 11:29

Paul Krugman: The Scammers, the Scammed and America’s Fate

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"The destructive effects of false symmetry in reporting": The Scammers, the Scammed and America’s Fate, by Paul Krugman, NY Times: ...Mr. Ryan’s proposed Obamacare replacement ... is one of the worst bills ever presented to Congress. It would deprive tens...

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24 марта, 10:06

Links for 03-24-17

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When Britain turned inward - VoxEU Evidence That Regulators Value Profits Over Consumer Welfare - ProMarket Can market based regulation reduce greenhouse gas emissions? - Micro Insights What kind of fiscal policy works best at the ZLB? - Equitable Growth...

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23 марта, 20:16

The Natural Rate of Interest: Estimates for the Euro Area

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From Adrian Penalver at the Bank of France's Eco Notepad: [More at The natural rate of interest: estimates for the euro area.]

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23 марта, 19:58

Compensation Benchmarking, Leapfrogs, and the Surge in Executive Pay

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A follow-up to "Inequality and the Lake Wobegon Effect": Compensation Benchmarking, Leapfrogs, and the Surge in Executive Pay, by Thomas A. DiPrete; Gregory M. Eirich; Matthew Pittinsky, American Journal of Sociology: Abstract: Scholars frequently argue whether the sharp rise in...

23 марта, 10:06

Links for 03-23-17

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Are There Benefits from Free Trade? - Brad DeLong Review for "Nature" of "A Culture of Growth", by Joel Mokyr - Brad DeLong What Does President Donald Trump Mean for the US Economy? - Brad DeLong Why Medicaid Work Requirements...

22 марта, 21:41

Fed Watch: Is Bank Lending A Concern?

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Tim Duy: Is Bank Lending A Concern?, by Tim Duy: I have seen some angst recently over declining growth in commercial bank lending. See, for example, the Wall Street Journal: Bank loans across all categories are increasing 4.6% annually, the...

22 марта, 21:00

What Contract Theory Teaches Us about Regulating Banks

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Caterina Lepore, Caspar Siegert, and Quynh-Anh Vo at Bank Underground: What can Nobel-winning contract theory teach us about regulating banks?: The 2016 Nobel Prize in economics has been awarded to Professors Oliver Hart and Bengt Holmström for their contributions to...

22 марта, 20:50

Inequality and the Lake Wobegon Effect

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From an interview of F. M. Scherer (Professor Emeritus in the John F. Kennedy School of Government at Harvard, and former chief economist at the Federal Trade Commission) at ProMarket: “Our Efforts to Deal With Tech Firms’ Market Dominance in...

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22 марта, 10:06

Links for 03-22-17

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An interview with William A. Darity Jr. - Equitable Growth Some things are best left to the technocrats - Tim Harford A Growth Rate Greater Than 2 Percent Is Implausibe - Jason Furman How to Give a Cool Appraisal to...