Saturday, January 17, 2015

On the Instability of Unilateral Fixed Exchange Rate Regimes

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Was there an easy way to bet on a CHF/EUR appreciation? In retrospect (it's always in retrospect), perhaps there was. The differenc...
3 comments:
Friday, January 9, 2015

On the Want of Bold, Persistent Experimentation

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How should policymakers react to an economic crisis or ongoing economic malaise--an event that has taken them by surprise and/or left the...
16 comments:
Wednesday, December 31, 2014

Brad DeLong on the Employment-to-Population Rate

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Brad DeLong offers his musing  here on the U.S. employment-to-population rate. As a rough control for demographic factors, he focuses on ...
8 comments:
Thursday, December 18, 2014

Considerable Time and Patience a Decade Ago

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According to USA Today : Wall Street cheered as the Federal Reserve used a new word — "patient" — to basically let the market k...
1 comment:
Thursday, November 27, 2014

Bitcoiners: Surely we can do Buiter than this?

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Willem Buiter has a very nice piece critiquing the Swiss Gold Initiative; see here . Unfortunately, Buiter starts talking about Bitcoin...
9 comments:
Tuesday, November 18, 2014

Japan: Some Perspective

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So Japan is in recession .  And it's all so unexpected. Ring the alarm bells! Well, hold on for a moment. Take a look at the follo...
1 comment:
Saturday, November 15, 2014

Roger Farmer on labor market clearing.

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While I'm a huge fan of Roger Farmer's work, I think he gets this one a little wrong:   Repeat After Me: The Quantity of Labor De...
4 comments: