Macroeconomics
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Working Paper Series
After the Allocation: What Role for the Special Drawing Rights System?
Mar 2022
How could the new SDR allocation help developing countries?
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Resource Limits to American Capitalism & The Predator State Today
Feb 10, 2022
VIDEO
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Remembering Geoffrey Harcourt (1931 - 2021)
Dec 10, 2021
The INET community mourns Harcourt’s passing
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Should Central Bank Liquidity Provision Be a Vehicle for Fiscal Discipline?
Dec 8, 2021
By helping abate the liquidity crisis, incidences of banks becoming insolvent are reduced, and hence moral hazard in its severest form is minimized.
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Working Paper Series
Central Banks Caught Between Market Liquidity and Fiscal Disciplining: A Money View Perspective on Collateral Policy
Dec 2021
By helping abate the liquidity crisis, incidences of banks becoming insolvent are reduced, and hence moral hazard in its severest form is minimized.
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Experts on Inflation: Prognosis, Political Fallout and Who’s Really to Blame
Nov 18, 2021
Economists Claudia Sahm, Servaas Storm, and Pia Malaney share their views on the problem that has everyone freaking out. Here’s what it all means for your pocketbook – and your democracy.
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Trade and Development Backstory: The Struggle Over the UNCTAD 15 Mandate
Nov 10, 2021
Governments and civil society organizations must work together with UNCTAD to provide developing countries the tools — and the transformed governance regimes — they need to “build back better” through these challenging and difficult times.
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Halloween Is Over - Are Corporate Zombies Still Out There?
Nov 4, 2021
Swift reorganization or liquidation of insolvent businesses is the single best policy to deal with corporate debt booms.
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Working Paper Series
Zombies at Large? Corporate Debt Overhang and the Macroeconomy*
Nov 2021
Swift reorganization or liquidation of insolvent businesses is the single best policy to deal with corporate debt booms.
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Progressive Neoliberalism: Biden’s Economics, Distribution, and Inflation
Sep 30, 2021
What does Biden’s economic policy mean for the future?
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Working Paper
Market Participants Neither Commit Predictable Errors nor Conform to REH
Sep 2021
Evidence from Survey Data of Inflation Forecasts
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Why the Rich Get Richer and Interest Rates Go Down
Sep 13, 2021
Going Down the Rabbit Hole at Jackson Hole
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Productive Bubbles
Jul 28, 2021
Occasionally, financial speculation fastens onto transformational technologies that have the potential to create a genuinely new economy.
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Debt Talks Episode 8 | Public Debt: How Much is Too Much?
Webinarwith Rüdiger Bachmann, Claudia Sahm, Ludwig Straub; moderated by Moritz Schularick
Hosted by Private Debt
Jun 29, 2021
Where are the US and Europe now and where could they be going?
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Standard Inflation Theory Leaves Out Social Conflict and Costs
Jun 10, 2021
What That Means For Biden’s Inflation Policy Trilemma