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MME, January 20, 2013
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Express: Συνταγή με αμφισβητούμενη κατάληξη έχουν επιβάλλει οι δανειστές της χώρας
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Who, What, Why: Could the US Get a $1tn Platinum Coin?
BBC News Magazine, January 9, 2013. All Rights Reserved. Campaigners want to prevent the US’s rising debt from bringing government spending to a halt by minting the world’s most expensive coin. Could this bizarre scheme become reality? It sounds like the plot of some whimsical comedy‑the 1954 Gregory Peck film The Million Dollar Note springs to […] -
Pavlina R. Tcherneva, Bard Economics Professor, Wins Award
Daily Freeman, January 7, 2013. All Rights Reserved. ANNANDALE-ON-HUDSON, N.Y. — The Association for Social Economics has awarded Pavlina R. Tcherneva, research associate at the Levy Economics Institute of Bard College and assistant professor of economics at Bard, the 2013 Helen Potter Prize. The prize was created and endowed by the Association for Social Economics […] -
The Good, Bad, and Ugly of the Fiscal Cliff
Pacifica Radio, January 4, 2013. All Rights Reserved. Senior Scholar L. Randall Wray talks to KPFK’s Suzi Weissman about the economic prospects waiting on the far side of the fiscal cliff. Full audio of the interview is available here. -
MME, January 20, 2013
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Ράνια Αντωνοπούλου: Ο “εργοδότης της έσχατης προσφυγής»
Με την ανεργία να αποτελεί το τίμημα για τη σταθεροποίηση της ελληνικής οικονομίας, η Ράνια Αντωνοπούλου προτείνει την ενεργοποίηση των προγραμμάτων άμεσης απασχόλησης, μια νέα εκδοχή του New Deal. -
MME, January 20, 2013
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Ο «εργοδότης της έσχατης προσφυγής»
Με την ανεργία να αποτελεί το τίμημα για τη σταθεροποίηση της ελληνικής οικονομίας, η Ράνια Αντωνοπούλου -ειδική σύμβουλος στο Πρόγραμμα Ανάπτυξης του ΟΗΕ- προτείνει την ενεργοποίηση προγραμμάτων άμεσης απασχόλησης, μια νέα εκδοχή του New Deal. Το πλήρες κείμενο της συνέντευξης είναι διαθέσιμο εδώ. -
Working Paper No. 748Analyzing Public Expenditure Benefit Incidence in Health Care
The effectiveness of public spending remains a relatively elusive empirical issue. This preliminary analysis is an attempt, using benefit incidence methodology, to define the effectiveness of spending at the subnational government level in India’s health sector. The results reveal that the public health system is “seemingly” more equitable in a few states, while regressivity in […] -
Working Paper No. 747
Marriner S. Eccles and the 1951 Treasury – Federal Reserve Accord
The 1951 Treasury – Federal Reserve Accord is an important milestone in central bank history. It led to a lasting separation between monetary policy and the Treasury’s debt-management powers, and established an independent central bank focused on price stability and macroeconomic stability. This paper revisits the history of the Accord and elaborates on the role […] -
BlogFed’s Crisis Transcripts to Be Released
Update: the transcripts were released this morning (Jan. 18) and are available here. Any day now, the transcripts from the 2007 Federal Reserve Open Market Committee meetings will be released to the public (FOMC transcripts are withheld for five years). These transcripts should give us some additional insight into the discussions that were occurring around [...]