Showing results 541 - 550 of 621
May 4, 2020, Opinion, "Only monetary policy addresses credit throughout the economy. Until inflation and real interest rates rise from the grave, only a policy of effective deep…
Negative interest rate policy in the post COVID-19 world. Kenneth Rogoff, April 17, 2020, Paper, "In the aftermath of the Global Crisis, conventional monetary policy has been…
Declining worker power and American economic performance. Lawrence Summers, March 18, 2020, Paper, "A decline in workers’ power, rather than an increase in corporations’ monopoly…
February 2020, Paper: "Until the 2008–09 financial crisis, macroeconomic stabilization policy focused nearly exclusively on monetary policy. It made good sense. In terms of…
February 2020, Paper: "On the twentieth anniversary of its inception, the euro has yet to expand its role as an international currency. We document this fact with a wide range of…
2019, Paper: "We construct an index of long term expected earnings growth for S&P500 firms and show that it has remarkable power to jointly predict errors in these…
On Secular Stagnation in the Industrialized World. Lawrence Summers, August 2019, Paper, "We argue that the economy of the industrialized world taken as a whole is currently – and…
Central Banks Should Forget About 2% Inflation. Jeffrey Frankel, July 25, 2019, Opinion, "Despite years of monetary stimulus, inflation in the United States, Japan, and the…
Mysteries of Monetary Policy. Robert Barro, July 4, 2019, Opinion, "Since the federal funds rate peaked at 22% in the early 1980s, inflation in the United States has remained low…
Explaining Inflation Inertia. Carmen Reinhart, May 6, 2019, Opinion, "Despite central bankers' concerted efforts, credible price-stability targets have proved elusive in countries…