Articles

Articles and analyses from the INET community on the key economic questions of our time.

Article

Nothing Natural About the Natural Rate of Unemployment

Nov 24, 2017

With unemployment reaching very low levels in major economies, despite low – and slowly rising – inflation, it’s time for central banks to rethink their reliance on the so-called natural rate. No numerical target for this rate can serve as an anchor for monetary policy.

Article

How Despair Helped Drive Trump to Victory

Nov 16, 2017

From the Rust Belt to Rural America, Economic and Social Distress Helped Shape the 2016 US Presidential Election Outcome