If you think the interest rate gap between Hong Kong and US is a market phenomenon, think again. HK Monetary Authority has a much bigger role than you think
Where is the General Theory of the 21st Centruy?
In this interview, Prof Christiano shared his view on the development of post-2008 academic macroeconomics. We’ve asked Prof Christiano does he agree that modern macroeconomic models are too complicated for the general public, or even policymakers and if he agrees that economic models should be “simpler”. Does he think the recent revival of ISLM model a “good trend”? Should Macroeconomists hang on their faith in DSGE models? Should they explore alternative paths?
Why Kocherlakota is Disappointed with Post-Great Recession Macroeconomics?
Larry Christiano on whether there is a "Keynesian Revolution" after the Great Recession?
Why don't we have another breakthrough in Macroeconomics after the Great Recession? --- Scott Sumner
"There was no Liquidity Trap in the Great Depression" --- Interview with Scott Sumner