本石町日記

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

１１月１１日・リンク

The impact of negative interest rates on banks and firms
Automation and its enemies
Is Rising Concentration Hampering Productivity Growth?
The End of Neoliberalism and the Rebirth of History
Recession Fears Are Receding. That Doesn’t Mean They Were Unfounded.

１１月４日・リンク

Central banks and the sterilisation of capital flows in the first era of globalisation
The impact of the US-China trade war on Japanese multinational corporations
Stop Inflating the Inflation Threat
New Evidence Points to Mounting Trade Policy Effects on U.S. Business Activity
Jobs Are Plentiful. Big Pay Raises Aren’t.