Search

4188 results found

• 

  MME, July 3, 2016

   
• 

  Η Βρετανία σήμερα, αύριο η Γερμανία;

  Kathimerini, 3 Ιούλιος 2016. Με επιφύλαξη παντός δικαιώματος. Ο​πως και με τον γάμο, η συμμετοχή στην Ευρωπαϊκή Ενωση και στην Ευρωζώνη υποτίθεται ότι είναι μακροχρόνια δέσμευση, σε εύκολους και σε δύσκολους καιρούς. Παρ’ όλα αυτά, προκύπτουν διαζύγια—ακόμη και όταν κάποιος έχει παντρευτεί με τις καλύτερες των προθέσεων, συμβαίνουν διαζύγια. Η αναταραχή ξέσπασε πρώτα στα κράτη-μέλη […]
• 

  Working Paper No. 869

  Have We Been Here Before?

  This paper explores from a historical perspective the process of financialization over the course of the 20th century. We identify four phases of financialization: the first, from the 1900s to 1933 (early financialization); the second, from 1933 to 1940 (transitory phase); the third, between 1945 and 1973 (definancialization); and the fourth period begins in the […]
• 

  Richard Berner of the Treasury Department speaking at the Minsky Conference in April

• 

  Blog

  Paul McCulley Has Had It with Orthodox Macroeconomists

  Writing in The Hill, Paul McCulley argues that his profession’s fussy obsession with the Fed’s zero-point-whatever monetary policy is leading us into a dead end: “after a financial crisis, itself spawned by bursting of a bubble in private-sector debt creation, the power of monetary policy to generate robust aggregate spending growth is severely truncated.” The policy problem we need desperately to [...]
• 

  Blog

  Basic Income and the Job Guarantee

  Pavlina Tcherneva was interviewed by Joe Weisenthal yesterday to present the case against a universal basic income policy (a proposed version of which was just voted down in Switzerland). Watch: Tcherneva has written about the UBI versus Job Guarantee debate, including this contribution (pdf) to a special issue of the journal Basic Income Studies (paywall). She also spoke about this last [...]
• 

  The Argument Against Basic Income

  Bloomberg, June 7, 2016. All Rights Reserved. Research Associate Pavlina R. Tcherneva argues against a universal basic income policy and in favor of a job guarantee in this interview with Bloomberg’s Joe Weisenthal. Click here for the video.
• 

  Working Paper No. 868

  From Antigrowth Bias to Quantitative Easing

  This paper investigates the European Central Bank’s (ECB) monetary policies. It identifies an antigrowth bias in the bank’s monetary policy approach: the ECB is quick to hike, but slow to ease. Similarly, while other players and institutional deficiencies share responsibility for the euro’s failure, the bank has generally done “too little, too late” with regard […]
• 

  Financial consultant Henry Kaufman speaking at the 25th Annual Minsky Conference

• 

  Blog

  Of Voices in the Air and Never-Ending Dreams of Helicopter Drops

  Confusions about so-called helicopter money (HM) continue unabated. My recent letter to the editor of The Financial Times, titled “’Helicopter money’ is a muddled fiscal policy by another name,” has not met with universal approval. In fact, it seems to have ruffled some feathers and caused some annoyance. Simon Wren-Lewis is a case in point. In a [...]
• 

  MME, May 29, 2016

   
• 

  Η εφαρμογή της λιτότητας και η ανάπτυξη

  Kathimerini, 29 Πολιτικη 2016. Με επιφύλαξη παντός δικαιώματος. ​​​​​​Σ​​ε πρόσφατη έρευνα, που δημοσιεύτηκε από το Levy Economics Institute, αναλύεται η επίπτωση που είχαν στην αναδιανομή εισοδήματος και στην ανισότητα οι αλλαγές στη δημοσιονομική στάση των κρατών-μελών της Ευρωπαϊκής Ενωσης μεταξύ 2006 και 2013. Μελετήθηκαν οι επιπτώσεις τόσο για το φτωχότερο κομμάτι του πληθυσμού όσο και […]