本石町日記

９月２４日・リンク

Comments on monetary policy at the effective lower bound
The Fed's Floor System: Sayonara?
The Crisis Next Time
‘Neither a borrower nor a lender be’: How the sterling money markets dried up
Japan’s Successful Economic Model
A Smorgasbord Recession?

９月１７日・リンク

The Stable-Coin Myth
What Should the Fed Own?
The Makings of a 2020 Recession and Financial Crisis
Financial panic and credit disruptions in the 2007-09 crisis
The financial crisis and the foundations for macroeconomics

９月１０日・リンク

Setting the Record Straight on Secular Stagnation
Secular Stagnation, Myth and Reality
Secular Stagnation Revisited
Beyond Secular Stagnation
Final Thoughts on Secular Stagnation
Trump’s Policies Will Displace the Dollar
Federal Reserve Is Sued, Accused of Limiting Competition

９月３日・リンク

The Fed Should Prepare for the Unexpected
The Myth of Secular Stagnation
US debt is going to crush us all (and gold is the answer)
Trumpification of USDA?
Climate change and finance: what role for central banks and financial regulators?

８月２７日・リンク

The Term Spread and Dollar Diverge
The biggest policy mistake of the last decade
The making of the Federal Open Market Committee: Ideology and politics
Central bank digital currency: Why it matters and why not
Opposing change? The price impact of removing the penny
Trade and growth in the Iron Age

８月２０日・リンク

Does Loyalty Pay Off?
The Economy Grew Even Faster in Truman’s Presidency. So What?
Do Import Tariffs Help Reduce Trade Deficits?
Interest rate vs fiscal policy stabilisation
Inflation targeting and large shocks

８月１３日・リンク

What does Daylight Saving Time really save?
The Ahistorical Federal Reserve
Labour's Bank of England problem
How Do the Fed’s MBS Holdings Affect the Economy?
The Impact of Higher Temperatures on Economic Growth
Asset prices and wealth inequality

８月６日・リンク

Is Vietnam the New China?
What Will Cause the Next Recession? A Look at the 3 Most Likely Possibilities
Transaction Costs and Tethers: Why I’m a Crypto Skeptic
Should Eurozone central bankers keep quiet about fiscal policy?
The Hidden Danger for Donald Trump in the Economy’s Growth Spurt

７月３０日・リンク

China’s Currency Is Back in Play
The missing profits of nations
Addressing Global Imbalances Requires Cooperation

７月２３日・リンク

What Game Theory Says About Trump’s Trade Strategy
The Premium for Money-Like Assets
The economics of blockchains
Why is real wage growth anemic? It’s not because of a skills shortage
How Did the Gold Standard Work? Part 1: The Efficiency of the Gold Standard