One of the craziest posts I have read in recent years alleges that the US government has deliberately set out to destabilize the world economy in order to … lower Federal financing costs!
Category Archives: international
Guest Contribution: “How Much Does the EMU Benefit Trade?”
Today we are pleased to present a guest contribution written by Reuven Glick at the Federal Reserve Bank of San Francisco and Andrew Rose at the University of California at Berkeley. The views expressed below do not represent those of the Federal Reserve Bank of San Francisco (FRBSF) or the Board of Governors of the Federal Reserve System. This blog is an updated version of FRBSF Economic Letter 2016-09, March 21, 2016.
The Trade Slowdown, China, and the Rest of the World
“China and Asia in Global Trade Slowdown”
Guest Contribution: “Fiscal Education for the G-7”
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.
More on Uncertainty in Open Economy Macro
In my last post, I noted a conference on uncertainty in macroeconomics. Here are two papers of particular interest to me.
“The Impact of Uncertainty Shocks on the Global Economy”
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.
“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.
Fed Tightening: Reasons to Go Slow from the GDP Release
The 2016Q1 advance release, discussed at length by Jim, provides additional evidence in favor extreme caution in tightening monetary policy — maybe even a reconsideration of the June rate hike that seems, according to conventional wisdom, a done deal.
Charles Wyplosz on the Eurozone Crises
“A Crisis that Should Not Have Happened”
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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