Articles
Articles and analyses from the INET community on the key economic questions of our time.
Does the Current Account Still Matter?
The title is the same as that of Maury Obstfeld’s Ely Lecture, delivered Jan 6 at the AEA meetings in Chicago. Yours truly was at the meetings mainly to deliver a paper on “Three Principles for Market-Based Credit Regulation”, about which more in a later post. And for most of the rest of the time I was locked in a hotel room interviewing candidates for an assistant professor slot at Barnard College (which gave me a good overview of the current state of macroeconomics, again fodder for a later post).
Fixed exchange rates
Is there an ECB?
First the ECB, then the IMF, Part One
The fact of the matter is that European bank funding markets are collapsing onto the ECB balance sheet.
At Home in Economics
My friend read somewhere that the experience of death makes people think in philosophical terms. He might have thought of religion rather than philosophy, I replied. We agreed, and wandered off talking about our crypto-religious experiences in good old secular Europe.