Articles

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

Article

The Good, the Bad, and the Ugly About the Fed’s New Credit Allocation Policy

Jun 30, 2020

The Fed is taking an aggressive approach to put out the economic fires of the pandemic. But it needs to allow for flexibility as some business models irreparably change.

Article

The Economics and Politics of Social Democracy: A Reconsideration

May 14, 2020

To able to deal with these consequences, our crisis response now should not lock us in into a permanent state of austerity, greater inequality and heightened vulnerability to future health calamities. New-old social democratic solutions are needed more than ever before.

Article

How Market Sentiment Underpins Knightian Uncertainty

May 7, 2020

We find empirical evidence that changes in market sentiment drive unforeseeable change in how stock returns unfold over time, thereby engendering Knightian uncertainty.