Saturday, September 04, 2010

Economic Consequences of Speculative Side Bets

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The following column was written jointly with Yeon-Koo Che and is crossposted from Vox EU with minor edits and links to references. --- The...
17 comments:
Saturday, August 28, 2010

Lessons from the Kocherlakota Controversy

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In a speech last week the President of the Minneapolis Fed, Narayana Kocherlakota, made the following rather startling claim: Long-run ...
34 comments:
Thursday, August 19, 2010

On Broken Trades and Bailouts

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Back in 1980, Avraham Beja and Barry Goldman published a theoretical paper in the Journal of Finance that explored the manner in which th...
18 comments:
Wednesday, August 18, 2010

On Teachable Moments and Non-Conversations

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The latest in the series of consistently interesting dialogues between Glenn Loury and John McWhorter has been posted: Among the themes ex...
2 comments:
Saturday, August 07, 2010

History Versus Expectations in Sub-Saharan Africa

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Ngozi Okonjo-Iweala believes that sub-Saharan Africa "is on the verge of joining the ranks" of the so-called BRIC nations: What ...
10 comments:
Wednesday, July 28, 2010

Equilibrium Analysis

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In a recent post on his (consistently interesting) blog, David Murphy questions the value of equilibrium analysis in economics and finance,...
16 comments:
Sunday, July 25, 2010

East Asian Tigers and African Lions

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William Easterly has recently argued that contemporary poverty in African nations may largely be accounted for by technological differences...
7 comments: