Antonio Fatas on the Global Economy
Friday, September 25, 2009
Will output return to the pre-crisis level?
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How strong the economic recovery will be depends on whether we believe that output will quickly return back to the trend that was following ...
Tuesday, September 22, 2009
Output, employment and productivity during the crisis
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While most advanced economies have displayed significant drops in GDP during the last years, the behavior of labor market variables (employm...
Monday, September 21, 2009
Household debt, consumption and wealth
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It is very common these days to hear that the global economy has no way of recovering because the most powerful engine of global demand – th...
Thursday, September 17, 2009
More on the shape of the recovery (CNBC Interview)
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Stretched V or U? The shape of the last three recessions.
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Here is a nice chart from John Fernald at the San Francisco Fed that shows the path of GDP after the last three recessions, including the c...
Friday, September 11, 2009
Healthcare and global imbalances
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By now we all know that the global imbalances were created by excessive consumption in the US and high savings in China (and other countries...
Wednesday, September 9, 2009
Did economists ever get it right?
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Paul Krugman has written a nice essay on the NY Times about How did economists get it wrong? . Oth er economists have written on the same to...
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