As central banks run out of room to lower target interest rates, when will the benchmark rate cease to be an effective tool for expansionary monetary policy, and what can they do to replace it?
Category Archive: Economic Theory
Why are the traditional shapes insufficient in describing the COVID-19 recession? What are the emerging shapes that depict this recession more accurately?
What are the possible shapes in which the economy can recover from the COVID-19 recession?
With the Fed buying $80 billion in treasuries over the past month, when is it time to hit the brakes on open market operations?
The second part of a two part series on the macroeconomic implications of the Fed’s regime change.
The Federal Reserve’s new philosophy towards its inflation targeting policy came as no surprise to investors…
I bet Chairman Powell didn’t expect to announce changes to the Fed’s statement of its long-run goals over a video conference from his home office when he was first appointed, but times are strange.
The weakness of the economy is not a structural weakness, it is not that we are over inflating blue chip stocks, or shoveling weak mortgages. It is that we are at war with an enemy we cannot see.
What are the causes, effects, and possible ways of curtailing the gender disparity in economics?
In the data-driven world of today we find ourselves taking economic and scientific models for granted, without recognizing the hard work that goes behind their development nor questioning the assumptions and potential problems with them. However, the new COVID-19 pandemic gives us an opportunity to take a deep dive into the process of fabricating a model.
