February 26, 2020, Paper: "This is a curious debate on which much seems to turn on “the stroke of a pen.” Do banks create money or are…
February 24, 2020, Opinion: "The COVID-19 outbreak seems to have raised the odds of a global recession dramatically. But even if no…
Data and code for: Automatic stabilizers in a low-rate environment. Lawrence Summers, February 16, 2020, Dataset, "In a world where…
February 2020, Paper: "Until the 2008–09 financial crisis, macroeconomic stabilization policy focused nearly exclusively on monetary…
February 11, 2020, Paper: "In my testimony today I will make four points: 1. Corporate tax collections are very low both in historical…
2020, Paper, "With interest rates persistently low or even negative in advanced countries, policymakers have barely any room to ease…
February 3, 2020, Opinion, "Many leading central bankers now argue that, instead of just playing its traditional role of deciding the…
2020, Paper, "Trends in demographics, national security, economic inequality, and the public debt suggest an urgent need for progressive…
January 22, 2020, Video, "Harvard Kennedy School Professor Carmen Reinhart discusses the current state of the U.S. economy and Federal…
2020, Paper, "States experience recessions that differ in magnitude and timing from national recessions, and those state-level recessions…