454 Results for “inflation”

Going Down the Rabbit Hole at Jackson Hole

Wage Repression, Asset Price Inflation, and Structural Change Caused Rising Macroeconomic Inequality for Fifty Years from before Reagan through Trump.This is a summary of a new book that is being published as part of a new book series with Cambridge University Press.

This research project investigates the impact of the new style of central banking on the bank’s solvency, its ability to control inflation, and on economic stability.

Price inflation, marginal cost pricing, and principles for electricity market redesign in an era of low-carbon transition

Panic over the impact on  German savers of low interest rates and looming inflation neglects to mention that very few Germans are saving much

Stagnating real wages may have contributed to the slowdown of US productivity

Developments in the real economy have persistently challenged central tenets of older economic thinking, such as the supposed close connection between the money supply and inflation.

Everyone is waking up to the fact that estimates of what is possible in the economy are way off: this paper explains why

Low interest rate policy can only do so much to bring the relief to American borrowers that they deserve: past monetary policies, credit market regulations and stagnant labor productivity growth all get in the way. Interest rate policy activism is part of the problem, not the solution.

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.

Charles Goodhart, professor emeritus of the financial markets group at the London School of Economics, and Manoj Pradhan, founder of the research firm Talking Heads Macro, talk to Rob about their just released book, The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival

Out of Ammunition? A discussion on central banking and secular stagnation with Larry Summers and Adair Turner

Eight years after the crisis erupted, what the global economy is experiencing is starting to look less like a slow recovery than like a new low-growth equilibrium. With monetary policy unable to stimulate demand, or even inflation, it’s time for fiscal authorities to relieve the burden on central banks.

Possible repercussions of economic crisis on the stability of democracies that already show significant signs of fragility

Contrary to conventional wisdom, government stimulus can improve the health of the economy for years after, without inflationary side effects