Trade Invoicing, Bank Funding, and Central Bank Reserve Holdings. Gita Gopinath, Jeremy Stein, 2018, Paper, "In recent work (Gopinath…
US economy is in great shape, but very fragile. Martin Feldstein, January 19, 2018, Video, "In a sea of bulls, one bear has emerged:…
To improve global health, tax the things that are killing us. Lawrence Summers, January 18, 2018, Opinion, "Please use the sharing tools…
January 2018. GrowthPolicy’s Devjani Roy interviewed Professor Mihir Desai, Mizuho Financial Group Professor of Finance at Harvard Business…
Stocks Are Headed for a Fall. Martin Feldstein, January 16, 2018, Opinion, "Year after year, the stock market has roared ahead, driven by…
Making America’s Deficits Great Again. Jeffrey Frankel, January 15, 2018, Opinion, "The new tax legislation pushed through by Donald Trump…
Should the Fed stick with the 2 percent inflation target or rethink it? Lawrence Summers, January 8, 2018, Video, "There is debate (…
D-Day Venezuela. Ricardo Hausmann, January 2, 2018, Opinion, "As conditions in Venezuela worsen, the solutions that must now be…
In this essay, we review the basic economics of housing supply and the functioning of US housing markets to better understand the…