Antonio Fatas on the Global Economy

Friday, October 28, 2011

Being pessimistic to build optimism

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The new European plan to deal with the potential of sovereign default and the increasing doubts about solvency of financial institutions was...
Tuesday, October 25, 2011

Spot the Euro effect

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The role that the Euro plays in the current crisis in European countries is a source of debate. Some see the Euro as the main reason why we ...
Friday, October 21, 2011

Calvin might not get a bailout next time.

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Via James Furbush I see an old cartoon (ten years, some things do not change) from Calvin and Hobbes that explains how bailouts work (click...
Tuesday, October 18, 2011

Ben Bernanke and Headlines

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I am spending two days at the Boston Federal Reserve Bank for their annual conference (schedule and papers can be found here ). Chairman Ben...
Sunday, October 16, 2011

Minimum Wage and Unemployment

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As I am reading the most recent post in Greg Mankiw's Blog , I find the data he presents intriguing. He is comparing two years (2007 and...
Thursday, October 13, 2011

Who pays for the debt overhang?

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High levels of debt by governments and households are a constraint on how fast demand can grow today. Even if the economic fundamentals (pro...
Monday, October 10, 2011

The Lost Decade

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Will the US economy go through a "lost decade" like Japan went after the burst of the bubble in the mid 90s? This is a question th...
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