Antonio Fatas on the Global Economy

Wednesday, June 24, 2009

Ups and downs of fiscal policy

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The large increase in government debt that we are witnessing across many countries have raised questions about the adjustment that will be n...
Monday, June 15, 2009

Update on the difficulty of building counterfactuals

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An update to our previous post. Below is a chart from the blog Calculated Risk that makes clear how difficult is to judge the effectiveness...
Friday, June 12, 2009

The difficulty of building counterfactuals

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What are the effects of the monetary policy actions that central banks around the world have taken since the start of the crisis? How many j...
Saturday, June 6, 2009

When will the U.S. recession end? (Ilian on CNBC)

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Tuesday, June 2, 2009

Fiscal policy

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I attended today a very interesting conference on the role of fiscal policy at the IMF. I presented a paper on the role of automatic stabili...
Saturday, May 30, 2009

The yield curve and the credibility of central banks

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An increase in the yield for 10 year bonds put the yield curve in the US at one of its steepest since the mid-70s raising concerns about the...
Friday, May 22, 2009

Three different views on the role of monetary policy leading to the current crisis

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John Taylor thinks that the Federal Reserve is to blame for the crisis because of the low interest rates in the year 2003-2005 period.  ...
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