Oil imports in the spotlight
The portfolio balance effect and reserve diversification
Implications from the debate over the Renminbi. And the Won. And the…
Congressionally mandated shortages
Last week the U.S. House of Representatives voted by an overwhelming margin to guarantee gasoline shortages the next time we face a significant disruption in petroleum supplies.
Interpreting and Re-interpreting Meese-Rogoff
What the Meese-Rogoff papers do and don’t say, and the implications for empirical exchange rate modeling
Have oil prices peaked?
Oil prices can go down as well as up.
Another Reason for Reducing Oil Dependence
The macroeconomic implications of high oil imports
April auto sales
Motor vehicles is one of the key sectors to watch for an indication that the recent gas price spike might derail the current economic expansion.
Reading Bernanke’s lips
I still say that many pundits are using the wrong paradigm for interpreting the public pronouncements of the new Federal Reserve Chair.
New research on the current account adjustment process
Insights on how global current account imbalances might be resolved
More political pandering
Those whose political philosophy is to try to opt for the lesser of two evils may have a hard time choosing their dog in the fight between Senate Democrats and Republicans over gasoline taxes.