Surely, it’s occurred to others, but I find the following comparison of trade policy stances quite remarkable.
Author Archives: Menzie Chinn
The Counter-cyclical Stabilization Policies of the Democratic Presidential Candidates
In this post, I assess how the candidates would implement macroeconomic stabilization policy, given the big reform packages proposed by the candidates, in particular those by Senator Sanders, are highly unlikely to be passed by a fully or partly Republican Congress. On the other hand, a downturn in the next four years is much more plausible; hence, knowing the candidates’ views on macro stabilization policy is arguably more relevant.
Guest Contribution: “Financial Regulatory Transparency and Sovereign Borrowing Costs”
Today we are fortunate to be able to present a guest contribution written by Mark Copelovitch (University of Wisconsin – Madison), Christopher Gandrud (City University of London), and Mark Hallerberg (Hertie School of Governance, Berlin).
Yield Curve, February 11th
Given worries regarding an imminent slowdown in the wake of the stock market decline, it’s of interest to see what the term premium is signalling.
China Navigates the Trilemma (and Slowing Growth)
Benn Steil and Emma Smith at the Council on Foreign Relations present an interesting picture of Chinese reserves.
Stall Speed in Wisconsin?
The Philadelphia Fed has released leading indicators for December. Essentially zero growth in Wisconsin over the next six months is predicted.
Guest Contribution: “Does China’s Capital Flight respond to US Monetary Policy?”
Today we are fortunate to present a guest contribution written by Yin-Wong Cheung (City University of Hong Kong), Sven Steinkamp (Universität Osnabrück) and Frank Westermann (Universität Osnabrück).
Of Morality Plays and Technocratic Assessments
Or, breaking up the big banks might provide some visceral joy, but it’s not clear to me that solves the key problem of financial fragility in modern capitalist systems.
This Wisconsin Resident Feels Much Safer Now
From FoxNews6:
“Gov. Scott Walker is set to sign a bill that would allow people to carry concealed switchblades and knives.”
Manufacturing Sector Resilience…So Far
The employment release (see also [Duy/Economists View]) provided some interesting insights into how manufacturing has fared, in the wake of the appreciation of the dollar (and the slowdown in the world economy).