Sunday, May 9, 2021

Most of China’s Foreign Currency Credit are in USD

According to the data from BIS global liquidity indicators, as of September 2018, most foreign currency credits to China is still denominated with US dollar.

What do others think about Paul Romer’s worries… (II)

The discussion on Paul Romer's "The Trouble with Macroeconomics" continues in the blogosphere, and Simon Wren -Lewis's "Paul Romer on macroeconomics" is one of the Must-Reads.In his comments, Wren-Lewis said that Romer's view is...

#WITGT21 Paragraph of the Day 

By Simon Wren-Lewis:What is hardly ever said, so I make no apologies for doing so once more, is that macroeconomic theory has in some ways ‘had a good crisis’. Basic Keynesian macroeconomic theory says...

Macroprudential Policy – how does it differ from rate hikes?

Macroprudential policies, it is argued, are more targeted and can complement central bank’s use of interest rate policy.

Crashes and Rebounds in Housing Markets

The focus of the research is to find out if there is any "predictable" pattern following housing "bubbles".

A skeptical review of the QEs – why they might not be powerful as...

In their working paper "A Skeptical View of the Impact of the Fed's Balance Sheet," economists David Greenlaw, James D. Hamilton, Ethan Harris, and Kenneth D. West challenge some earlier studies that concluded QEs have a significant economic impact. Their major argument is that those research used simple event studies to quantify the impact of QE.

How firms set their prices in eurozone?

ECB recently conducted a survey asking 58 leading non-financial companies that operate across the euro area in eurozone their price-setting behaviors, the results provide a helpful dataset for macroeconomists’ use.

How many US Public Debts out there? Who own them?

According to the data shown in the Congressional Budget Office‘s latest The Budget and Economic Outlook: From 2019 to 2029, there are $15.8 trillion US federal debt held by the public at the end of 2018.

Derivatives’s Credit Terms in Eurozone Tighten Further

The latest SESFOD shows that the credit terms offered to counterparties for both securities financing and OTC derivative transactions is further tightened.