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5 ore fa · Ben Bernanke once famously said that “the problem with quantitative easing is that it works in practice, but it doesn’t work in theory”. The case for irrelevance is based on the “Wallace neutrality”, which states that changes in the size and composition of a central bank balance sheet should – under certain conditions – have no effect on asset prices, output or inflation.
5 ore fa · Former Fed chair Ben Bernanke. Yes, and correct me if I'm wrong, my understanding is it's wrong here. But you think that the labor market is still fairly hawkish? Yes. That ...
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1 giorno fa · Il terzo momento dell’unità europea. di Bernard Guetta. Annalena Baerbock, Radoslaw Sikorski e Stephane Sejourne.
5 ore fa · Economy of China Shanghai, the financial center of China Currency Renminbi (CNY, ¥) Fiscal year Calendar year Trade organizations WTO, BRICS, SCO, APEC, RCEP, G20, G77 and others Country group Developing country Upper-middle income country Newly industrialised country Statistics Population 1,409,670,000 (2024) GDP $19.17 trillion (nominal ; 2024 est.) $35.82 trillion (PPP ; 2024 est.) GDP ...
Hi, This is going to sound weird, but I’m going to try and hack the United States’ collective psychology, and I plan on accomplishing that by claiming the right of practical Messiah and holding digital Judgement Day with as many of my fellow humans in attendance as possible.
47 minuti fa · My basic point will be that the effectiveness of forward guidance as a policy tool in extraordinary times can be enhanced by improving monetary policy communications in normal times. Two phrases you often hear in real life are “use your words” and “connect the dots.”. In my view, both should be applied to the FOMC’s monetary policy ...
5 ore fa · British Prime Minister Sunak said that if the Conservative Party wins the next election, it intends to introduce compulsory or alternative military service for young people.
