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(Needless to say, I do not necessarily agree with them or endorse them.)
Tag Archives: fiscal sustainability
New-Keynesian explosions: The Cochrane interpretation and explosive solution
John Cochrane has some interesting comments on New Keynesian economics in his latest blog post on “New Keynesian Stimulus“. The interesting is not the part of the blog-literature to which it also contributes; the part about mudslinging in fiscal stimulus … Continue reading
Draghi cuts and markets flip
Last week marked the second time where new President of the European Central Bank, Mario Draghi, governed an interest-rate decision for the Euro area. And for the second time it was and interest rate cut, implying an interest rate on … Continue reading
