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Tag Archives: Economics
The impact of school closure on test scores
The great* Emily Oster tweeted yesterday that they got their article on the impact of school closures accepted in the American Economic Review: Insights. Their paper shows that, during 2021, students in districts with more in-person classes performed better in … Continue reading
Arbitrage in SME lending
One of the big concerns of the aftermath of the Covid-19 crisis is that the recovery might take much longer because many firms, particularly small and medium (SMEs), will have closed down for good. From the very beginning, different actions … Continue reading
Keeping at It, by Paul A. Volcker
Paul Volcker, who died this last December at the age of 92, is some sort of almost demi-god among people interested in central banking, monetary policy, and banking regulation; in other words, people like me. I was hence extremely interested … Continue reading
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Tagged Book review, Central Banking, Economics, Monetary Policy, Politics
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Defending economics (again)
From time to time I read one of those articles that attack economics and economists. The latest article of this type has appeared in the Australian edition of the Guardian: if economics is a science, why isn’t it being more helpful? … Continue reading
Economics of voluntary information sharing
Almost a month ago now I attended the wonderful 3rd Bristol Workshop in Banking and Financial Intermediation at the University of Bristol. I was there to act as discussant of a paper titled Economics of voluntary information sharing, presented by … Continue reading
Glenn Loury
Glenn C. Loury is the Merton P. Stoltz Professor of Social Sciences at Brown University. He got his PhD in Economics from MIT in 1976. By 1983, he had two QJEs, one REStud, one AER, and one Econometrica. Yep. These … Continue reading
Universal Basic Income
Andrew Yang is a Democratic presidential candidate for the 2020 election that has a key policy proposal: a universal basic income (UBI) of $1,000 a month for every American. I have not precisely been a supporter of this kind of … Continue reading
6th Emerging Scholars conference – some papers
I have been meaning to write these posts (I do not know how many they will be) but some things got in the way, mainly Christmas holidays and exam marking. We had a wonderful 6th Emerging Scholars in Banking and … Continue reading
Mankiw and Weinzierl 2011
While working on a project in its very early stages, I stumbled upon this paper by Mankiw and Weinzierl from 2011 in the Brookings Papers of Economic Activity. It is a very simple macro model with monetary and fiscal policy … Continue reading
The “crisis” of economics
Andy Haldane, chief economist at the Bank of England, has recently repeated the claims about the crisis of the economics profession. I have discussed this issue with many people since the financial crisis, and I was going to write something … Continue reading
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