-
Recent Posts
- No Negative Rates in Euroland (yet)
- Reinhart and Rogoff’s coding mistake: Much Ado About Nothing
- Happy 2013
- Nobel awarded to Roth and Shapley: Personal nostalgia
- The ECB in Slovenia: Transparency about what?
- QE3 and the FED: State-contingency and commitment emphasized
- From SMP to OMT: ECB commits to destroy monetary transmission
- White Paper, Great Economists and (really) Bad Science
Related
Archives
What is going on here?
American Economic Review Ben Bernanke Central bank governance Central bank independence central banks Christopher A. Sims debt crisis debt rating Economic schools economists' joke Euro European Central Bank European Union Federal funds rate Federal Open Market Commitee Federal Reserve Financial crisis Fiscal multiplier Fiscal stimulus fiscal sustainability forecasting Gavin Davies Government bonds inflation Inflation targeting interest rate Jean Claude Trichet John B. Taylor John Cochrane John Maynard Keynes Lars Svensson Mario Draghi Michael Woodford Milton Friedman N. Gregory Mankiw New-Keynesian models Nobel Prize Paul Krugman policy rules Public debt Quantitative easing Ramsey model Ricardian Equivalence Securities Markets Programme Standard & Poor's Taylor rule Thomas J. Sargent Treaty on European Union Unconventional monetary policy United StatesOther economics/ economists' blogs:
(Needless to say, I do not necessarily agree with them or endorse them.)
Monthly Archives: February 2012
US Output Gap: Still negative
John Taylor recently showed how the United States is currently much farther away from returning to “potential output” compared with the recession of the early 1980s, where above-average output growth during the recovery secured a return to the potential output … Continue reading
That strange feeling of Déjà Vu: EU’s New Fiscal Compact
The new “Fiscal Compact” of the European Union is now ready to be signed. The purpose of the compact is to strengthen fiscal discipline among member countries (at least those who sign). The desire for enhancing discipline is obviously triggered … Continue reading