- Oct 2020
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covid-19.iza.org covid-19.iza.org
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COVID-19 and the Labor Market. (n.d.). IZA – Institute of Labor Economics. Retrieved October 11, 2020, from https://covid-19.iza.org/publications/dp13625/
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- Aug 2020
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www.nber.org www.nber.org
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Eichenbaum, M. S., Rebelo, S., & Trabandt, M. (2020). The Macroeconomics of Epidemics (Working Paper No. 26882; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w26882
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Ludvigson, S. C., Ma, S., & Ng, S. (2020). Covid19 and the Macroeconomic Effects of Costly Disasters (Working Paper No. 26987; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w26987
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www.nber.org www.nber.org
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Coibion, O., Gorodnichenko, Y., & Weber, M. (2020). Does Policy Communication During Covid Work? (Working Paper No. 27384; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27384
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www.nber.org www.nber.org
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Hartley, J. S., & Rebucci, A. (2020). An Event Study of COVID-19 Central Bank Quantitative Easing in Advanced and Emerging Economies (Working Paper No. 27339; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27339
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www.nber.org www.nber.org
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Çakmaklı, C., Demiralp, S., Kalemli-Özcan, Ṣebnem, Yesiltas, S., & Yildirim, M. A. (2020). COVID-19 and Emerging Markets: An Epidemiological Model with International Production Networks and Capital Flows (Working Paper No. 27191; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27191
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www.nber.org www.nber.org
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Bigio, S., Zhang, M., & Zilberman, E. (2020). Transfers vs Credit Policy: Macroeconomic Policy Trade-offs during Covid-19 (Working Paper No. 27118; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27118
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Eichenbaum, M. S., Rebelo, S., & Trabandt, M. (2020). Epidemics in the Neoclassical and New Keynesian Models (Working Paper No. 27430; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27430
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libertyblitzkrieg.com libertyblitzkrieg.com
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yuan free-float
How did this system work in 2011? What has changed in the years since? Are things still pegged? And if so, at what relative to 2011?
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covid-19.iza.org covid-19.iza.org
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The Cost of the COVID-19 Crisis: Lockdowns, Macroeconomic Expectations, and Consumer Spending. COVID-19 and the Labor Market. (n.d.). IZA – Institute of Labor Economics. Retrieved August 7, 2020, from https://covid-19.iza.org/publications/dp13224/
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- Jul 2020
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www.economist.com www.economist.com
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A new paper by Atif Mian of Princeton University, Ludwig Straub of Harvard University and Amir Sufi of the University of Chicago expands on the idea that inequality saps demand from the economy. Just as inequality creates a need for stimulus, they argue, stimulus eventually creates more inequality. This is because it leaves economies more indebted, either because low interest rates encourage households or firms to borrow, or because the government has run deficits. Both public and private indebtedness transfer income to rich investors who own the debt, thereby depressing demand and interest rates still further.
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- Jun 2020
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www.nature.com www.nature.com
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Pettifor, A. (2020). Rebuild the ramshackle global financial system. Nature. https://doi.org/10.1038/d41586-020-01507-1
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- Apr 2018
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themorningsidemuckraker.com themorningsidemuckraker.com
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sovereign governments create currency through keystrokes
I'll have to read the other article, but I'll note that a great deal of money creation--even before the advent of cryptocurrencies--has long been in private, not public, hands. Extending credit or making loans creates money. This is basic macroeconomics.
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