Must-read: Simon Wren-Lewis: “Can Central Banks Make Three Major Mistakes in a Row and Stay Independent?”
Must-Read: Simon Wren-Lewis: Can Central Banks Make Three Major Mistakes in a Row and Stay Independent?: “Mistake 1: If you are going to blame anyone for not seeing the financial […]
Yes, expansionary fiscal policy in the North Atlantic would solve many of our problems. Why do you ask?
The highly-estimable Jared Bernstein has a very nice piece today. It attempts to sum up a great deal about the state of the economy in a very short space with […]
Must-Read: Danny Yagan: The Enduring Employment Impact of Your Great Recession: “In the cross section, employment rates diverged across U.S. local areas 2007-2009… …and–in contrast to history–have barely converged [since]…. […]
Must-Read: Investment has been weak because demand growth has been weak–and because the residential-investment credit channel broke in 2007, and neither Barack Obama nor Tim Geithner nor Jack Lew nor […]
More on the very-sharp Ryan Cooper’s gotten one mostly wrong… The two questions are (a) how much higher could expansionary fiscal and cooperative monetary policy permanently push annual GDP up […]
I think the very-sharp Ryan Cooper has gotten this mostly wrong. The two questions are (a) how much higher could expansionary fiscal and cooperative monetary policy permanently push annual GDP up above its current trend...
Must-Read: Paul Krugman: What Have We Learned since 2008?: “Some annoying propositions… …”Complex” econometrics never convinces anyone. “Complex” includes multiple regression. Natural experiments rule. But so do “surprising” ex-ante predictions […]