Antonio Fatas on the Global Economy

Thursday, April 30, 2009

Obama's achievements (Ilian on CNBC)

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Monday, April 27, 2009

Changes in the funding of the U.S. current account deficit

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Since the mid 80's (and with the exception of a small pause in the early 90's) the U.S. has run a current account deficit, which mea...
Tuesday, April 21, 2009

Estimates of banks' writedowns get (much) bigger

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The IMF released today their semiannual Global Financial Stability Report . In the report they estimate the potential loses of financial ins...
Monday, April 20, 2009

Fiscal policy in action

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Here is an interesting chart from the March 2009 interim report of the OECD World Economic Outlook . It calculates the size of the fiscal de...
Wednesday, April 15, 2009

Uncertainty as defined by Larry Summers (or just another example of a two-handed economist?)

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In an interview last week, Larry Summers said that "there are risks of both deflation and inflation", so anything is possible... I...
Tuesday, April 14, 2009

The money mutiplier has stabilized

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One of the most dramatic indicators of the financial crisis has been the collapse of the "money multiplier". The money multiplier ...
Sunday, April 12, 2009

The difficulty of forecasting around turning points

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If forecasting in normal times can already be difficult, doing so during times when the phase of the cycle is changing becomes a real challe...
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