Sunday, February 15, 2015

Sam and Janet go to College

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My reading list on the overlapping generations model has already generated some questions. Rather than respond in the comment section to ea...
6 comments:
Saturday, February 14, 2015

The Great Blog Debate about Debt: A Reading List

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I applaud everyone who has weighed in on the Great Blog debate about debt ( Simon ,   Bob ,   me , and others too numerous to link. All of ...
14 comments:
Monday, February 9, 2015

Sam and Janet Learn about Debt

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In a recent post on the (non)-importance of debt buildup worldwide, Antonio Fatas makes the point that debt is not necessarily a problem. Wh...
17 comments:
Saturday, February 7, 2015

Lessons from the Great Galactic Depression

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A long time ago, in a galaxy far far away, there were two planets orbiting a star, not unlike our own sun.  The inhabitants of these planets...
9 comments:
Wednesday, January 21, 2015

Why the ECB Should Take More Risks

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Mrs. Merkel and Mr. Schäuble are worried . The ECB is planning to buy the sovereign debt of its member states and Mr. Schäuble doesn't t...
11 comments:
Tuesday, January 13, 2015

Financial crises as global sunspots

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I have just written a new working paper, 'Global Sunspots and Asset Prices in a Monetary Model', that is available on the NBER webs...
7 comments:
Thursday, January 1, 2015

Secular stagnation: a neo-paleo-Keynesian perspective

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I first posted this piece back in January but it got deleted by from my blog by mistake. Since secular stagnation is back in the blogosphe...
30 comments: