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Special ReportΠρογράμματα άμεσης δημιουργίας θέσεων εργασιασ σε συνθήκες κρίσης στην Ελλάδα
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Special Report
Προγράμματα άμεσης δημιουργίας θέσεων εργασίας σε συνθήκες κρίσης στην Ελλάδα
Σε όλο τον κόσμο, οι χώρες που βρίσκονται σε κρίση έχουν μπροστά τους το δύσκολο έργο της αντιμετώπισης των αυξανόμενων ποσοστών ανεργίας και της εμβάθυνσης της φτώχειας. Η Ελλάδα, η οποία αντιμετωπίζει μια βαθιά κρίση κυρίαρχου χρέους, έχει πληγεί σε πολύ μεγαλύτερο βαθμό από τις υπόλοιπες χώρες. Υπάρχει αφθονία πολιτικών απασχόλησης, από προγράμματα επιδότησης της […] -
Blog
An Unconventional Central Banker
Since the outbreak of the global financial crisis and recession, we’ve seen some renewed interest (and angst) regarding the role of the central bank and of treasury-central bank cooperation. (The most recent example comes out of Japan, in which Japanese PM Shinzo Abe has been pushing for the Bank of Japan to accommodate his relatively [...] -
Working Paper No. 751Arresting Financial Crises
Nineteenth-century British economists Henry Thornton and Walter Bagehot established the classical rules of behavior for a central bank, acting as lender of last resort, seeking to avert panics and crises: Lend freely (to temporarily illiquid but solvent borrowers only) against the security of sound collateral and at above-market, penalty interest rates. Deny aid to unsound, […] -
MME, February 3, 2013
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Express: Πώς η Ελλάδα θα απεγκλωβιστεί από την παγίδα λιτότητας που επιβάλλει η τρόικα
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Working Paper No. 750
Endogenous Bank Credit and Its Link to Housing in OECD Countries
The relevant economic literature frequently focuses on the impact of credit shocks on housing prices. The doctrine of the “New Consensus Macroeconomics” completely ignores bank credit. The “Great Recession,” however, has highlighted the significance of bank credit. The purpose of this contribution is to revisit this important macroeconomic variable. We propose to endogenize the volume […] -
Blog
An Evening with Syriza
Below is the video from the first part of last week’s event at Columbia University that featured key leadership figures from the official Greek opposition party (SYRIZA). (3:29) Alexis Tsipras, Leader of the Opposition in Greek Parliament, Leader of SYRIZA, and President of Synaspismós. (46:40) Panel discussion, featuring Rena Dourou, Member of Greek Parliament (SYRIZA); [...] -
Working Paper No. 749
Weak Expansions
Using two standard cycle methodologies (classical and deviation cycle) and a comprehensive sample of 83 countries worldwide, including all developing regions, we show that the Latin American and Caribbean cycle exhibits two distinctive features. First, and most important, its expansion performance is shorter and, for the most part, less intense than that of the rest […] -
One-Pager No. 37Lessons from an Unconventional Central Banker
The global financial crisis has generated renewed interest in the 1951 Treasury – Federal Reserve Accord and its lessons for central bank independence. A broader interpretation of the Accord and of Marriner S. Eccles’s role at the Federal Reserve should teach central bankers that independence can be crucial for fighting inflation, but also encourage them […] -
One-Pager No. 37
Διδάγματα από έναν μη συμβατικό κεντρικό τραπεζίτη
Η παγκόσμια χρηματοοικονομική κρίση έχει προκαλέσει ανανεωμένο ενδιαφέρον στη Συμφωνία Υπουργείου Οικονομικών-Ομοσπονδιακής Τράπεζας του 1951 και στα διδάγματα αυτής της διαπραγμάτευσης για την ανεξαρτησία της κεντρικής τράπεζας. Μια ευρύτερη ερμηνεία της Συμφωνίας και του ρόλου του Marriner Eccles στην Ομοσπονδιακή Τράπεζα Αποθεματικών θα διδάξει στους κεντρικούς τραπεζίτες ότι η ανεξαρτησία μπορεί να είναι ζωτικής σημασίας […] -
A Teachable Moment for Deficit Hawks
January 30, 2013. Copyright © 2013 KPFK. All Rights Reserved. Pacific Radio host Ian Masters interviews President Dimitri B. Papadimitriou about the unexpected contraction in GDP in the last quarter of 2012 and what it means for a slowing recovery—unwelcome news that might give Republican deficit hawks pause as they insist on more budget cuts. […]