That’s the title of the conference being held today and tomorrow at University College London, and cosponsored by School of Slavonic and East European Studies at UCL, the Banque de France, University of Leicester, the Money, Macro and Finance group, and the Centre for Macroeconomics.
Category Archives: financial markets
“Spillovers of Conventional and Unconventional Monetary Policy”
That was a title of a conference last summer held by the Swiss National Bank, and noted in this post. Mark A. Wynne and Julieta Yung discuss the conference proceedings.
Expectations of inflation
The FOMC and professional forecasters expect the Fed eventually to achieve its 2% inflation target. The market seems more skeptical.
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A financial hockey stick
Yesterday I was at the 31st annual NBER conference on macroeconomics (along with fellow blogger Mark Thoma). Among the many interesting contributions was development of an extended data set on 25 different indicators for 17 advanced economies going back to 1870 by Jorda, Schularick and Taylor (2016).
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US Financial Openness under a President Trump
Mr. Trump has proposed blocking remittances of illegally earned wages to Mexico as a means of inducing Mexico to pay for a border wall. What does this imply for financial openness?
Guest Contribution: “The Bank of Japan Does Not Intervene in FX These Days”
Today we are pleased to present a guest contribution written by Jeffrey Frankel, Harpel Professor of Capital Formation and Growth at Harvard University, and former Member of the Council of Economic Advisers, 1997-99.
The Financial Regulatory Policies of Senator Sanders…Again
The ironies abound
Guest Contribution: “Capital Control Measures: A New Dataset”
Today we are pleased to present a guest contribution written by Andrés Fernández (IDB), Michael W. Klein (Tufts), Alessandro Rebucci (Johns Hopkins Univ.), Martin Schindler (IMF and JVI) and Martín Uribe (Columbia Univ.). This post is based upon this paper. The findings, interpretations, and conclusions expressed in this article are entirely those of the authors. They do not necessarily represent the views of the InterAmerican Development Bank, the International Monetary Fund, the Joint Vienna Institute, their Executive Directors, or the countries they represent.
Senator Sanders and Financial Regulation
Today I was reminded that Senator Sanders voted against TARP. That made me conclude that Senator Sanders’ position on financial regulation is truly unique.
[graphic update 3/8 10:15 pm Pacific]
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Spreads and Recession Watch, March 2016
Five Thirty Eight warns us to prepare for a (not likely imminent) recession; Wall Street Journal‘s Real Time Economics cautions “All Clear on Recession Risk? Not Yet”, even if the latest employment indicate continued growth. Time to review market indicators of the outlook.