Archive
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Working Paper
Working PaperWhat Next for the Post Covid Global Economy: Could Negative Supply Shocks Disrupt Other Fragile Systems?
Jan 2023
The principal threat to economic stability currently is the overhang of debt, both private and public.
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Working Paper
Working PaperMuth’s Hypothesis Under Knightian Uncertainty
Dec 2022
A Novel Account of Inflation Forecasts
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Working Paper
Working PaperMarket Participants Neither Commit Predictable Errors nor Conform to REH
Sep 2021
Evidence from Survey Data of Inflation Forecasts
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Working Paper
Working Paper SeriesThe Secular Stagnation of Productivity Growth
Jan 2020
This paper argues that it is a mistake to dismiss secular demand stagnation as main cause of declining potential growth in the OECD.