Antonio Fatas on the Global Economy

Monday, April 21, 2014

The contradiction in economics

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Somehow a graduation speech by Tom Sargent (nobel prize in Economics in 2001) from back in 2007 made it to Vox  two days ago and it has been...
Wednesday, April 16, 2014

Secular stagnation or secular boom?

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The notion that some countries are caught in a long and protracted period of low growth has received an increasing amount of attention and h...
Monday, April 14, 2014

The price is wrong

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The Euro area inflation came lower than expected in March and this has raised concerns about deflation (or "lowflation" as labelle...
Thursday, April 3, 2014

The many hands of Mario Draghi

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Mario Draghi press conference yesterday was yet another exercise of creating confusion about what the ECB intends to do. Maybe what he refe...
Sunday, March 9, 2014

The difficulties of reducing long-term unemployment

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Since the global financial crisis started there has been a debate about how much of the increase in unemployment is cyclical versus structur...
Wednesday, March 5, 2014

Global interest rates and growth (r-g).

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The difference between interest rate and growth rates appears as an important parameter in many macroeconomic models. It is also a key varia...
Sunday, March 2, 2014

Financial markets arbitrage: reassuring or lovely?

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John Cochrane has a new blog post summarizing recent research by Budish, Cramton and Shim on the effects of high frequency trading. The pa...
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