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How to Create a Real Economic Stimulus. Martin Feldstein, September 16, 2013, Opinion. "Earlier this year, former U.S. Treasury Secretary Larry Summers expressed doubts about the…
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Jeffrey Frankel
Betting on the Tortoise in Japan. Jeffrey Frankel, September 12, 2013, Opinion. "In April 2014, Japan’s consumption-tax rate is set to rise from 5% to 8% in an effort to address…
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Gita Gopinath
Coordination and Crisis in Monetary Unions. Gita Gopinath, September 8, 2013, Paper. "We characterize fiscal and monetary policy in a monetary union with the potential for…
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Leviathan as a Minority Shareholder: Firm-level Implications of State Equity Purchases. Aldo Musacchio, September 2013, Paper. "In many countries, firms face institutional voids…
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Stephen Marglin
Unpacking the Multiplier: Making Sense of Recent Assessments of Fiscal Stimulus Policy. Stephen Marglin, September 2013, Paper. "In what follows, we will shed some light on…
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Brazil's Enigma: Sustaining Long-Term Growth. Laura Alfaro, September 2013, Case. "Over the past decade, Brazil's future as a leading world economic power appeared certain. An…
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Ricardo Hausmann
The End of the Emerging-Market Party. Ricardo Hausmann, August 30, 2013, Opinion. "Enthusiasm for emerging markets has been evaporating this year, and not just because of the US…
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Emmanuel Farhi
A Model of the Safe Asset Mechanism (SAM): Safety Traps and Economic Policy. Emmanuel Farhi, August 22, 2013, Paper. "The global economy has a chronic shortage of safe assets…
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Mark Roe
Did Taxes Cause the Financial Crisis? Mark Roe, August 21, 2013, Opinion. "After the financial crisis erupted in 2008, many observers blamed the crisis in large part on the…
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Jeffrey A. Miron
President’s Policies Hurting the Middle Class? Jeffrey Miron, August 15, 2013, Video. "Harvard Economist Jeffrey Miron and New York Post Columnist Michael Goodwin on the…