1 2 At June meetings, both the European Central Bank and the US Federal Reserve took note of inflation’s return but declined to raise interest rates while reaffirming commitments to accommodative policies. Fed chair Jerome Powell explained that tightening was not yet w...
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June 1, 2021 I plan to write more later and/or hopefully embed a video of the actual talk and perhaps a transcript. But for now time is pressing and I wanted to make the slides available in advance. So without further ado, here's my contribution to the OTESSA21 Conference, June 2, ...
His analysis is based primarily on the Taylor Rule. He concludes that the federal funds rate is just barely high enough:https://www.stlouisfed.org/publications/regional-economist/2023/june/is-monetary-policy-sufficiently-restrictive. I recommend this piece. It refers to the paper he gave at th...
March 24, 2021 tags: Pacific islands, structural transformation The island of Pele, Vanuatu I’ve just published a new UN working paper on the Pacific’s least developed countries (LDCs). The paper finds that whilst these economies have been growing reasonably quickly, bringing them to the po...
His analysis is based primarily on the Taylor Rule. He concludes that the federal funds rate is just barely high enough:https://www.stlouisfed.org/publications/regional-economist/2023/june/is-monetary-policy-sufficiently-restrictive. I recommend this piece. It refers to the paper he gave at th...
An early example from my life. When I was a young lieutenant in the U.S. Air Force, circa 1985, I wrote a paper on the B-1 bomber and the strategy of “manned penetrating bombers.” In plain speak (plane speak?), the Air Force was spending loads of money on a high-tech swing-...
of the Works, also partly reprinted as Ricardo’s Economic Essays (Bell & Sons, 1923); Graham, The One-pound Note in the History of Banking in Great Britain; Cannan, The Paper Pound: 1797-1821; Tooke and Newmarch, History of Prices (for reference); Bankers’ Magazine (for reference);...
News 09 Jun, 2021 “The bike is our secret w... High-level speakers from all over Europe met on 1 June 2021 to share best practices for how to shape more cycle-friendly urban mobility systems. “Celebrating Cy...Over 1,300 participants were registered when politicians and officials from...
Working Paper No. 1054 | June 2024 | Lekha S. Chakraborty Gender budgeting is a public financial management (PFM) tool, used to ensure accountability mechanisms. The analysis of “process” indicators of gender-responsive PFM (GRPFM) reveals that India has been successful in integrating a gende...