That’s the title of a new paper written by me, Joshua Aizenman and Hiro Ito:
Category Archives: international
Early Macro News and Lessons from the Brexit
Currency Casus Belli?
Is a current undervaluation of the Chinese yuan plausible?
Guest Contribution: “Brexit, Trump, and Workers Left Behind”
Today, we are pleased to present a guest column written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. This is an extended version of a column appearing at Project Syndicate, July 13.
Guest Contribution: “Importer and Exporter Market Share in Exchange Rate Pass-Through”
Today we are pleased to present a guest contribution written by Michael Devereux at the University of British Columbia and Wei Dong and Ben Tomlin at the Bank of Canada. The views expressed below are those of the authors and do not represent those of the Bank of Canada. This post is based on a revised version of this paper.
Markets post-Brexit
U.S. stock prices fell more than 5% in the two-day aftermath of the British vote to leave the European Union. But equities have since regained those losses and are back near all-time highs.
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Guest Contribution: “How to Save the UK (Inside the EU)”
Today, we are pleased to present a guest column written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers.
I see a possible way out for the trap that Brits now find themselves in, a way to keep Great Britain great.
Economic consequences of Brexit
Here are my two pence on some of the consequences of Britain’s vote to leave the European Union.
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Looking at the UK Economy, Post-Brexit
Here are some assessments of the economic impact on the UK economy, over the short (business cycle horizon) to long run.
Guest Contribution: “The Effects of Unconventional and Conventional U.S. Monetary Policy: The Role of Expected Inflation”
Today we are pleased to present a guest contribution by Yi Zhang, Ph.D. candidate at the University of Wisconsin-Madison. This post draws upon this paper.