A quick note — I’ve seen several news reports in the past few days asserting that the structural problems of southern Europe have caused “chronic” trade deficits.
Like the notion that all of the troubled countries were fiscally irresponsible, this is a morality-play falsehood that keeps being stated as a fact by reporters who apparently don’t check the numbers.
Πηγή: The New York Times
Michael W. McCracken & Lillian Fu KEY TAKEAWAYS Πηγή: Federal Reserve Bank of St. Louis πλήρες κείμενο
Domenico Giannone & Giorgio Primiceri Post-covid inflation was predominantly driven by unexpectedly strong demand forces—both in the United States and in the Euro Area. We
Richard Baldwin Service value chains are expanding faster than industrial ones, yet their geography is strikingly different: a US-centred star rather than regional blocs. This
