mainly macro

Whenever I post anything which suggests that the idea of rational expectations was a useful innovation in macroeconomics, Lars Syll writes...

Paul Krugman has been laying into Germany in the past few days ( 1 , 2 , 3 , 4 , 5 , 6 ). I think it might be interesting to look at two po...

Well, all economists at least. Can we all agree that public spending on maintaining and modernising public infrastructure should be increas...

Chris Giles wrote about a month ago that “Britain will not have much of a choice at the 2015 election. However much they talk about clear ...

Well, not quite, but probably as close as we will ever get.[1] In a new paper , Jan in‘t Veld uses the European Commission’s QUEST model to...

As those of you who have read a few of my posts will know, on the occasion that I venture into political science I like to push the idea th...

Although this post is prompted by the bad press that the Bank of England’s forward guidance has been getting recently, much of what I have ...