Thursday, 31 May 2012

Austerity, Nominal GDP targets and the Zero Lower Bound

›
                One part of my earlier post on monetary policy and austerity was a little cryptic. OK, it was largely unintelligible to n...
5 comments:
Tuesday, 29 May 2012

What if Ireland voted no to the Treaty

›
                On Thursday Ireland votes on the Fiscal Stability Treaty . Polls suggest the result will be yes. Will this be a solid endo...
2 comments:
Monday, 28 May 2012

Does Monetary Policy make Austerity Irrelevant?

›
                There are three variations of this question that I have come across in recent posts and comments. 1) If monetary policy ...
23 comments:
Saturday, 26 May 2012

Government debt and the burden on future generations

›
                In an earlier post , I looked at how we might think about the ‘cost’ of additional public debt, if that debt financed publ...
29 comments:
Friday, 25 May 2012

On not taking sides, and forecast uncertainty

›
                The last time I can remember Chris Giles of the FT writing about fiscal policy, I came down on him pretty hard. It was t...
16 comments:
Wednesday, 23 May 2012

Why I can still believe the Euro will survive, just

›
                Paul Krugman thinks that Greece will probably leave the Eurozone. It is generally foolish to disagree with PK, and what ...
9 comments:
Tuesday, 22 May 2012

The IMF calls for a more expansionary UK policy

›
                The preliminary findings of an IMF Article IV mission are always a highly political document, as Paul Krugman points out....
3 comments: