The US Census Bureau has a 220-year record of not abusing the public trust. So why go after the agency now, as the recent House…
Any solution to the Eurozone crisis must meet two objectives. One is short run and the other is long run. Unfortunately they tend to…
Do CEOs of State-Owned Enterprises Matter? Evidence from Brazil, 1973-1993. Aldo Musacchio, June 26, 2012, Paper. "We study if…
As the economy continues its recovery from the worst downturn in three generations, it's clear that, once again, decisive action is needed…
It is with regret that we announce the death of inflation targeting. The monetary regime, known affectionately as “IT” to its friends,…
As the G20 leaders prepare to conclude their meeting today, once again good news has had a half-life in the markets of less than 24 hours.…
Consider the following scenario. After a victory by the left-wing Syriza party, Greece’s new government announces that it wants to…
With the past week’s dismal US jobs data, signs of increasing financial strain in Europe and discouraging news from China, the proposition…
The NBER International Seminar on Macroeconomics brings together leading American and European economists to discuss a broad range of…
During the five years from 2003 to 2007, global perceptions of risk were unusually low, as reflected in the market pricing of sovereign…