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A weak euro is Europe's best means of beating deflation. Martin Feldstein, November 7, 2013, Opinion. "The European Central Bank responded correctly to recent news of very low…
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Niall Ferguson
The U.S. and China Both Need Economic Rehab. Niall Ferguson, November 6, 2013, Opinion. "Nearly seven years have passed since we coined the word Chimerica in these pages to…
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Michael D. Bordo
Does Expansionary Monetary Policy Cause Asset Price Booms; Some Historical and Empirical Evidence. Michael D. Bordo, October 2013, Paper. "In this paper we investigate the…
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Gita Gopinath
Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises. Mark Aguiar, Manual Amador, Emmanuel Farhi, and Gita Gopinath, 2013, Paper. "We…
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Luis M. Viceira
Return Predictability in the Treasury Market: Real Rates, Inflation, and Liquidity. Luis M. Viceira, September 27, 2013, Paper. "Estimating the liquidity differential between…
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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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Julio Rotemberg
Shifts in U.S. Federal Reserve Goals and Tactics for Monetary Policy: A Role for Penitence? Julio J. Rotemberg, Fall 2013, Paper. "This paper considers some of the large changes…
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Why Is US Inflation So Low?. Martin Feldstein, June 28, 2013, Opinion. "Why has quantitative easing coexisted with price stability in the United States? Or, as I often hear, “Why…
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Gita Gopinath
Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises. Gita Gopinath, June 21, 2013, Paper. "We explore the role of inflation credibility in…
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Gita Gopinath
Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises. Gita Gopinath, June 21, 2013, Paper. "We propose a continuous time…