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?
Category Archives: financial markets
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.
Guest Contribution: “Who is right on US financial reform? Sanders, Clinton, or the Republicans?”
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. This post is an extended version of a column that appeared in Project Syndicate.
Stock prices and oil prices
Ben Bernanke weighs in on why stock prices and oil prices have been moving together recently.
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).
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).