Antonio Fatas on the Global Economy
Sunday, November 24, 2013
Euro workers: no systemic risk
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In his last press conference Mario Draghi said that the ECB was ready for negative deposit rates if necessary. His comments led to several E...
Wednesday, November 20, 2013
Saving glut or investment dearth?
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Martin Wolf at the Financial Times argues that the future of the world economy, in particular that of advanced economies, looks sluggish be...
Tuesday, November 19, 2013
Bubbles, interest rates and full employment.
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The presentation of Larry Summers at a recent IMF conference has generated a good amount of comments. While some of what he said was not co...
Sunday, November 17, 2013
Europe: lack of reforms or austerity?
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In a recent Vox article , Lorenzo Bini Smaghi raises some questions about the argument that austerity is the main reason why European countr...
Wednesday, November 13, 2013
Why Sinn was wrong to write this FT article
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When I teach these days about the negative performance of the Euro economies over the last six years I always get asked about how policy mak...
Thursday, October 31, 2013
Party like it's 1995?
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For some it is clear that the all-time record levels in the stock market are supported by loose monetary and the day policy starts changing,...
Sunday, October 27, 2013
Sudden stops and exchange rates (again)
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I did not realize that some of my earlier posts on sudden stops and the Euro area would be so controversial, I thought I was making a simple...
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