learning from Lehman
This is the five year anniversary of the collapse of Lehman Brothers, and the steady stream of retrospectives has given
macro, politics, markets, ambivalence
This is the five year anniversary of the collapse of Lehman Brothers, and the steady stream of retrospectives has given
Pity the fool that takes on Jim Hamilton. Jim had the good grace to publish Robert Pollin and Michael Ash’s
Jim Hamilton (his text Time Series Analysis will be familiar to many who have suffered post-grad econometrics) has weighed in
I found the hype surrounding the Reinhart-Rogoff ‘error’ really confusing — mostly due to the fact that there was no
Cochrane has posted his ‘hard debt’ WSJ op ed on his blog. The op-ed deals with three related questions: 1/
Macrobusiness has a note that is a nice counterweight to Chris Joye’s McKibbin note earlier this week. The ANU’s other
Macrobusiness linked to this video interview with Dr Adrian Pagan. RBA watchers will find the hour well spent. Two key
The Washington Post is carrying an interview with Michael Woodford on monetary policy. On levels targets: The idea that purely
Read John Cochrane’s post on the consequences of quasi-fiscal monetary policy for central bank independence. He nails the ECB’s dilemma:
The agenda and papers can be found here. You do not have to look hard to see what was going
Regular readers will know i have a soft spot for John Cochrane – and while he over-eggs it a little
A guest post on Econbrowser based on this paper, reports the latest results from price micro-data. It finds that CPI