Should Federal Reserve use scenario analysis to handle trade war uncertainty?
The Fed is currently in a "wait and see" mode in deciding what is the reaction to Trump's trade policy. But is it possible for the Fed to be a bit more proactive than merely saying "we will be able to update you further when we know more details"?
Enters scenario analysis.
How to Maintain Prosperity for All | Interview with Roger Farmer
Roger Farmer explains : Why central banks should consider stock market intervention in stabilizing the employment markets?
What comes after housing market bubble?
An investigation into the probability of a crash in house prices following a housing bubble
Early signs of inflation expectation de-anchoring back in 2021
Ricardo Reis, economics professor at the London School of Economics, explained that there were telling signs that the increase in cost of living started ealry-2021 was not a "transitory" phenomenon.
Debt Growth Rate, not Level, Predicts Slowdown
Last week, Bank of England's Deputy Governor for Monetary Policy Ben Broadbent gave an insightful speech about debt dynamics.
An important point Broadbent has...
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...
No, PPI is not a measure of wholesale inflation
A standard perception of PPI is that it is a measure of "wholesale inflation", but the BLS told EconReporter that this interpretation of PPI is not at all correct.
Nonbank Lending
In their recent working paper "Nonbank Lending", economists Sergey Chernenko, Isil Erel, and Robert Prilmeier provided an insightful overview of the sources and terms of private debt financing during the post-crisis period.
Interview with Paul Romer on large scale Covid testing – Transcript
Edited transcript of our interview with Paul Romer, on why the US urgently to scale up testing for Covid-19 and why he thinks the covid-crisis amounts an intellectual failure
Federal Reserve has never been this ‘confused’ about neutral rate
Federal Reserve decided to cut rate by an supersized 0.5 percentage point. The decision finally ended the weeks-long market debate of whether the central bank would cut 25 or 50 basis points. One important thing, though, didn't reach the headline: The Fed has never been this "confused" about where the natural rate should be.















