本石町日記

１月２７日・リンク

Central bank independence at risk: Low rates, new risks
Threatening central bank independence one tweet at a time
Restoring Fiscal Order in the United States
Why AI Will Not Abolish Work
How to Prevent the Japanification of East Asia’s Economies
Do Higher Wages Mean Higher Standards of Living?

１月２０日・リンク

Does accepting a broader set of collateral in central bank operations incentivise the use of riskier collateral by riskier counterparties?
Central banks and climate change
Digital money: Implications for emerging market and developing economies
Monetary policy for commodity booms and busts
Has the World Economy Reached Peak Growth?
Is America Going Fascist?
Democratizing the ECB
The Truth About the Trump Economy

１月１３日・リンク

Shipping networks and the global implications of local shocks
The Dilemma of Central Banking
Trump’s Gift to China
Central Banks Face a Year of Mounting Challenges
Is Employment Growth (a Lot) Lower Than We Think?

２０２０年１月６日・リンク

How Ownership Concentration Is Happening, and Why It Matters
Inequality in Cambridge and Chicago
When Central Banks Go Green
Dystopia Is Arriving in Stages
Pay Is Rising Fastest for Low Earners. One Reason? Minimum Wages.

12月30日・リンク

Trade policy after three years of populism
Loser Teens
The Crisis of 2020

１２月２３日・リンク

The intellectual spoils of war: How government spending on defence research benefits the private sector
Bank lending under negative policy rates
Empty Gestures on Climate Change
Why the US-China Trade War Could Re-escalate
The Bank Underground Christmas Quiz

１２月１６日・リンク

Is Growth Passé?
The Green Deal Will Make or Break Europe
Populism: Why in rich countries and in good times
Banks do not create money out of thin air
“The currency composition of foreign exchange reserves”

１２月９日・リンク

Fiscal policy cannot save the ECB
The ECB Needs a New Mandate
Government Debt Is Not a Free Lunch
Asia Still Lags When It Comes to FX Market Transparency...
How a Strong Job Market Has Proved the Experts Wrong

１２月２日・リンク

Who Pays the Tax on Imports from China?
Beyond the Phillips curve: Understanding low wage growth in the euro area
Demographics and technology explain secular stagnation and more
Chile’s insurgency and the end of neoliberalism
Is Job Switching on the Decline?

11月25日・リンク

Monetary Policy Transmission and the Size of the Money Market Fund Industry
Why Financial Markets’ New Exuberance Is Irrational
What Next for Unconventional Monetary Policies?
Should We Have Billionaires?
Private and Central Bank Digital Currencies