Thursday, December 12, 2019
Home Authors Posts by Cloud

Cloud

88 POSTS 0 COMMENTS
Independent Journalist and Editor of EconReporter.Responsible for the writing, editing on this website. If you think our articles or the website needs any improvements, please feel free to leave a comment or tweet to let me know.
Branko Milanovic Cover 2

Is Inequality part of Macroeconomics? | Q&A with Branko Milanovic |

Welcome to the latest installment of our interview series “Where is the General Theory of the 21st Century?” and part two of our interview...
Branko Milanovic Cover 1

Global Inequality and Kuznets Waves | Q&A with Branko Milanovic |

Welcome to the latest installment of our interview series “Where is the General Theory of the 21st Century?”“Where is the General Theory of the...

Secured and Unsecured Debt Over the Business Cycle

Filed this one under Does Debt have a role in Marco of the 21st Century? Azariadis, Kaas, and Wen (2015) first decomposed total corporate debt...

How to use Interest on Reserve for Inflation Targeting? | Q&A with Ricardo Reis...

This is the eighth installment of our interview series “Where is the General Theory of the 21st Century?”In this installment, we continue our talk...

Performance of Macroeconomics is not that bad! | Q&A with Ricardo Reis |

In the interview, Ricardo Reis discuss with us his latest research project - "Reservism", the study of the role of reserves on central bank balance sheets and their implications for central bank solvency, quantitative easing, and the ability to control inflation.

What is Payment on Reserves Process?

The payment on reserve process proposed by Robert Hall and Ricardo Reis is a way of remunerating reserves which would give the central bank...

What is the Saturated Level of Reserves?

The Saturated Level of Reserves or efficient level of reserves, is the point which the opportunity cost for banks to hold reserves disappears, and became indifferent towards holding more reserves. The reserve demand curve beyond this point becomes close to horizontal.

Central Bank’s Balance Sheet and the Rise of Reserves

The above figure shows the balance sheet of four major central banks from 2005 to 2015. Above the horizontal axis is the asset side...
Raghuram Rajan at AFF 2017

Rajan on what “New Rule for Monetary Game” actually means

Raghuram Rajan, former Governer of Reserve Bank of India and now Professor of Finance at Chicago Booth, visited Hong Kong and gave a keynote...

ECB’s Praet on Eurozone’s Secular Stagnation

Peter Praet, Executive Board Member of the ECB:Central to this debate is whether the slow growth can be attributed to cyclical – and...