Macroeconomics
-
Brexit and the European Union: One Year On
Oct 10, 2017 | 04:00—05:30
-
Is Europe’s Economic Recovery for Real?
Oct 3, 2017 | 04:00—05:30
-
Working paper
Bubbles as violations of efficient time-scales
Sep 2017
It is commonly overlooked that the concept of market efficiency embowers a time-dimension. Illustrating with an example from the class of persistent random walks, we show that a price process can be a martingale on one time-scale but inefficient on another.
-
Is Poverty More Worrying than Inequality?
Sep 6, 2017
Xavier Gabaix argues that public policies should prioritize alleviating deprivation at the bottom over narrowing the rich-poor gap
-
Grantee paper
Where Modern Macroeconomics Went Wrong
Sep 2017
This paper provides a critique of the DSGE models that have come to dominate macroeconomics during the past quarter-century.
-
Economic Models That Are Costing Us All
Aug 11, 2017
When an economic model fails, it is reality—and the people living in it—who pay the bills while the model lives on, unscathed.
-
The Four Horsemen of the Econopocalypse
Jul 26, 2017
If standard economic theory can’t explain a traffic jam, how can it cope with crises?
-
Is Productivity Growth Becoming Irrelevant?
Jul 21, 2017
As the Nobel laureate economist Robert Solow noted in 1987, computers are “everywhere but in the productivity statistics.” Since then, the so-called productivity paradox has become ever more striking. Automation has eliminated many jobs. Robots and artificial intelligence now seem to promise (or threaten) yet more radical change. Yet productivity growth has slowed across the advanced economies; in Britain, labor is no more productive today than it was in 2007.
-
America’s Recurring Debt Problem: Are We Approaching a New Tipping Point?
Jun 22, 2017 | 04:30—06:00
-
Mexico, NAFTA, and the Future of the North American Economy
May 30, 2017 | 04:00—05:30
A discussion featuring Kenneth Smith, Head of the Trade and NAFTA Office of the Ministry of the Economy of Mexico, and Jay Pelosky, Principal of Pelosky Global Strategies.
-
Europe Will Find A Way Forward with the Euro
May 10, 2017
A breakup of the Euro will be too difficult and costly for member countries.
-
India's Economic Challenges
May 9, 2017 | 04:00—05:30
A discussion with Kaushik Basu, Professor of Economics and the C. Marks Professor of International Studies at Cornell University and former Senior Vice President and Chief Economist of the World Bank.
-
Inequality, Globalization, and Macroeconomics
ConferenceUSC Dornsife INET presents a conference on inequality, globalization, and macroeconomics
Apr 28–29, 2017
April 28-29, 2017, USC Dornsife INET is hosting a conference on inequality, globalization, and macroeconomics at the University of Southern California. The goal of this conference is to bring together leading researchers to discuss and present new approaches and new results on the relationships between inequality and macroeconomics and between inequality and globalization. Please direct any questions or comments to [email protected].
-
A Turbulent Capitalist Economy: The vision of Anwar Shaikh
Apr 5, 2017
In a recent interview at the INET offices in New York, Anwar Shaikh provided a background to the work and his life in this quest.
-
The paradoxes of fiscal austerity in Brazil
Mar 30, 2017
Brazil’s current economic scenario does not resemble the emerging economy that until recently fueled the optimism of analysts and investors.