Rethinking monetary policy in a changing world
Markus Brunnermeier Monetary theory in economics has consisted of various schools of thought rather than a single unified model. Each of these schools emphasizes different forces that drive inflation and recommends a distinct policy response. Different times have raised different challenges—and each required its own policy approach. Πηγή: www.imf.org πλήρες κείμενο
History matters: The ideas of Paul David, 1935-2023
Timothy Guinnane, William A. Sundstrom, Gavin Wright 2 Mar 2023 https://cepr.org/voxeu/columns/history-matters-ideas-paul-david-1935-2023 Paul David, who passed away in January 2023, was a major figure in redefining economic history; an early practitioner of cliometrics – exploring historical economies through rigorously specified models and quantitative evidence; and a strong advocate of the view that historical research should be fundamental to […]