George W. Evans, Seppo Honkapohja, and Kaushik Mitra: Expectations, Stagnation and Fiscal Policy: “Persistent stagnation and fiscal policy are examined in a New Keynesian model with adaptive learning determining expectations… http://www.bankofengland.co.uk/research/Documents/conferences/conference03040717/expectationspolicy.pdf Larry Summers: Mexico isn’t taking Trump’s threats seriously now: “Relative to my last visit to Mexico in March, leaders have moved from being appalled … Continue reading Must- and Should-Reads: August 28, 2017