Antonio Fatas on the Global Economy

Monday, December 16, 2013

Four missing ingredients in macroeconomic models

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It is refreshing to see top academics questioning some of the assumptions that economists have been using in their models. Krugman , Brad De...
Tuesday, December 10, 2013

Debt and secular stagnation

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In a recent post Paul Krugman refers to the potential link between rising levels of debt prior to the 2008 crisis and the current discussio...
Thursday, December 5, 2013

Battle lost: austerity won.

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It has been surprising to see how over the last five years some have been holding to their economic theories even if the facts kept proving ...
Monday, December 2, 2013

Where did the saving glut go?

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I have written before about the investment dearth that took place in advanced economies at the same time that we witnessed a global saving ...
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...
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