Thursday, February 25, 2016

Multiple Equilibria and Financial Crises

Jess Benhabib and I are running our second annual conference on multiple equilibria and financial crises at NYU over the weekend with the support of the C.V Starr Center.We have a great lineup with a guest dinner talk from Costas Azariadis with "reflections on multiple equilibria". Here is a link to the program.

Monday, February 1, 2016

Does the Economy Ruin the Stock Market or Does the Stock Market Ruin the Economy?



John Carney of the Wall Street Journal has written a well researched thoughtful piece featuring my research on the connection between the stock market and the unemployment rate and he asks? 

Does the Economy Ruin the Stock Market or Does the Stock Market Ruin the Economy?

The ideas he talks about are discussed in much more detail in my new book Prosperity for All: How to Prevent Financial Crises coming this year from Oxford University Press.