Outstanding Editorials on the European Debt Crisis (from Project Syndicate)
1. A Constructive Solution: “A Devaluation Option for Southern Europe” by Gita Gopinath, Emmanuel Farhi and Oleg Itskhoki. http://www.project-syndicate.org/commentary/gopinath1/English Farhi, Gopinath and Itskhoki propose that a combination of increasing value-added tax and cutting payroll tax can achieve the same objective
Outstanding Editorials on the European Debt Crisis (from Project Syndicate)
1. A Constructive Solution: “A Devaluation Option for Southern Europe” by Gita Gopinath, Emmanuel Farhi and Oleg Itskhoki. http://www.project-syndicate.org/commentary/gopinath1/English Farhi, Gopinath and Itskhoki propose that a combination of increasing value-added tax and cutting payroll tax can achieve the same objective
Challenges of Macroeconomics
Two years ago, Ricardo Caballero (Chairman of MIT Economics Dept) wrote a very thoughtful essay in the Journal of Economic Perspectives called Macroeconomics after the Crisis: Time to Deal with the Pretense-of-Knowledge Syndrome. Caballero’s critique will probably be highly relevant for
Challenges of Macroeconomics
Two years ago, Ricardo Caballero (Chairman of MIT Economics Dept) wrote a very thoughtful essay in the Journal of Economic Perspectives called Macroeconomics after the Crisis: Time to Deal with the Pretense-of-Knowledge Syndrome. Caballero’s critique will probably be highly relevant for
Classic Video on What Modern Economics is About
http://www.youtube.com/watch?feature=player_embedded&v=TypWtZYLCF8
Classic Video on What Modern Economics is About
http://www.youtube.com/watch?feature=player_embedded&v=TypWtZYLCF8
The Lobbyists’ Contribution to the Crisis
IMF economists Deniz Igan, Prachi Mishra, and Thierry Tressel examined the relationship between lobbying and misbehaving on the part of the financial institutions in a series of recent papers (see here and here). They found “lobbying was associated with more risk-taking
The Lobbyists’ Contribution to the Crisis
IMF economists Deniz Igan, Prachi Mishra, and Thierry Tressel examined the relationship between lobbying and misbehaving on the part of the financial institutions in a series of recent papers (see here and here). They found “lobbying was associated with more risk-taking
