Krugman, Paul
We’re coming up on the fifth anniversary of an important moment: the point at which US interest rates hit the zero lower bound, and we entered a liquidity trap. Five years! Yet many people, even many economists, are still in denial over what that means.
Πηγή: The New York Times
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
Victoria Ivashina This paper provides an introduction to the modern private debt market and examines its rapid expansion following the 2007–2009 global financial crisis. Traditionally,
Διαβάζω συχνά πως τα αθροιστικά αποτελέσματα της ΤΝ –παραγωγικότητα, απασχόληση– δεν είναι, ακόμη, διαγνώσιμα ή, πως οι μικροοικονομικές εκτιμήσεις και οι προβολές των τελευταίων είναι,
