MacroMania
Saturday, January 19, 2013
Is it time for the Fed to raise its policy rate?
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What would happen if the Fed was to adopt a different policy rule--one that entailed an immediate increase in its policy rate? The effect o...
16 comments:
Friday, December 28, 2012
On the perils of Taylor rules
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In the Seven Faces of "The Peril" (2010), St. Louis Fed president Jim Bullard speculated on the prospect of the U.S. falling i...
15 comments:
Thursday, December 20, 2012
The hawkish nature of the Evans Rule
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From Bloomberg Business week: The Fed Turns Aggressively Dovish with 'Evans Rule' The headline above seems to capture the gene...
11 comments:
Wednesday, November 21, 2012
Shadow Banking
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The Arrow-Debreu model provides the foundation for modern macroeconomic theory and the theory of finance. This is probably as it should ...
23 comments:
Tuesday, October 23, 2012
No more bubble talk (please!)
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I am currently at the Institute of Advanced Studies in Vienna, which hosts one of the best little macro conference in Europe: The Vienna ...
30 comments:
Monday, September 24, 2012
How Canada Saved Its Bacon
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Interesting to see that Canada's former finance minister (and prime minister) Paul Martin issuing a "stern warning" to U.S....
6 comments:
Thursday, September 20, 2012
Is the Fed missing on both sides of its dual mandate?
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With the unemployment rate still above 8% and some inflation measures below 2%, many people argue that the Fed is "missing on both sid...
15 comments:
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