Friday, July 29, 2016
Thursday, July 28, 2016
Wednesday, July 27, 2016
Monday, July 25, 2016
Sunday, July 24, 2016
Lies, Liars, and Lawlessness by Project Syndicate - Project Syndicate
The age of Erdoğan, Trump, and Putin, with its representatives’ contempt for rules and norms, is generating serious challenges to global peace and prosperity with alarming frequency. Is there a way forward that doesn’t lead backward?
Friday, July 22, 2016
Monday, July 18, 2016
Wednesday, July 13, 2016
Maximum sustainable debt: A new measure | VOX, CEPR’s Policy Portal
This column presents a new measure of government debt – maximum sustainable debt. This measure takes account of the fact that a shortfall in growth naturally increases the probability of default, while allowing for the possibility of rollover. Applications to recent data suggest that without sufficient institutional constraints, governments will generally borrow up to a level close to the maximum that can be sustained.
Saturday, July 9, 2016
Thursday, July 7, 2016
Sensitivity to group size in policy decision-making | VOX, CEPR’s Policy Portal
Evidence shows that individuals often do not act in a completely selfish manner, but rather take into account the welfare of other parties when making decisions. But how decision-makers trade off costs and benefits when the costs are dispersed among many individuals is unclear.