Wednesday, November 25, 2009

The "investmentless" recovery

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The behavior of U.S. employment at the end of the last two recessions (1991 and 2001) was different than in previous recessions. Employment ...
Monday, November 23, 2009

Inflation or Deflation?

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There is an ongoing debate on whether we will see inflation or deflation during the coming years. Inflation could be a result of the expansi...
Tuesday, November 17, 2009

It will continue to go up until it stops.

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One of the best quotes I have recently seen in financial news sites. This is from CNBC Monday November 16th (link to the article and video h...
Friday, November 13, 2009

The definition of strong (dollar)

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Timothy Geithner said this week "I believe deeply that it is very important to the United States, to the economic health of the United ...
Friday, November 6, 2009

9.5% productivity growth. How unusual?

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As reported by the Bureau of Labor and Statistics yesterday, US labor productivity grew at a 9.5% in the third quarter of 2009. Fast product...
Wednesday, November 4, 2009

Reality check (fiscal policy)

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The IMF has just published their November 2009 edition of " The State of Public Finances Cross-Country Fiscal Policy Monitor ". It...
Thursday, October 22, 2009

Extending the (EMU) Stability and Growth Pact to take care of global imbalances

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Last week Eswar Prasad had an interesting article in the Financial Times on how to deal with global imabalances. As the G-20 seems to be ta...