Mr. Trump considers redirecting funds committed to rebuilding Puerto Rico toward the building of the Wall. From WaPo:
Continue readingAuthor Archives: Menzie Chinn
Market Expectations on the Shutdown: 65% Ending on 18th or After
as of 10PM Eastern:
Continue reading“International Spillovers of Monetary Policy: Conventional Policy vs. Quantitative Easing”
That’s the title of a fascinating new paper with important policy implications.
Continue reading“A Third of a Century of Currency Expectations Data: The Carry Trade and the Risk Premium”
That’s the title of a new paper, coauthored with Jeffrey Frankel, using data extending back to August 1986.
Continue readingJindal-nomics Illustrated
In response to my graph of Louisiana GDP, Manfred asks:
Continue readingMeasured Uncertainty and Treasury Spreads, 1/7/19
We Can Make Mexico Pay for the Wall
Just declare an International Emergency. From US Treasury,
U.S.C. annotated, Title 50. War and National Defense Chapter 35. International Emergency Economic Powers :
Treasury Spreads and Measured Policy Uncertainty
Do they matter?
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