economic policy
-
The Economics of a Wealthy Academy
•
There are countless examples of economists disregarding survey data in which a representative sample concludes that the American economy is concerning, generally countering with some favorable economic figure. Although the data can be noisy, metrics poorly calibrated, samples biased, and respondents irrational, there is also the possibility that these two…
-
Incentive Structures, Central Banks, and Economic Policies: A Conversation with Raghuram Rajan
•
Raghuram Rajan is the Katherine Dusak Miller Distinguished Service Professor of Finance at University of Chicago’s Booth School of Business. He is also the Vice-Chairman of the Bank for International Settlements (BIS). From September 2013 to September 2016, he was the 23rd Governor of the Reserve Bank of India. Prior…
-
What Will Economic Policy Look Like Under Trump? A Conversation with Austan Goolsbee
•
While there is obviously a great deal of speculation regarding specifics, the general contours of President-elect Trump’s economic plan seem to include large tax cuts, particularly for wealthy individuals and corporations, aggressive deregulation of the financial and fossil fuel industries, a more protectionist stance on trade issues, and perhaps some…
-
Testing Greenspan’s ‘Spare Tire’ Hypothesis: Benefits of Shareholder Protection Laws during Banking Crises
•
Firm-level data across 36 countries suggests that shareholder protection laws do mitigate the adverse consequences of banking crises by allowing stock markets to act as an alternative source of financing.
-
No Opposition Party is an Island: Taiwan’s Defense and Domestic Politics
•
Newly elected DPP Secretary-General and opposition party member Dr. Joseph Wu discusses upcoming elections, mainland China, and Taipei’s defense posture as part of the wider US-Asia/Pacific rebalancing effort.
-
Minimum Wage: The Nobel Thing to Do
•
Despite the widely held view that minimum wages generate unemployment, some Nobel-winning economists have argued that labor markets are more complex than predicted by economic theory.
-
Measuring Economic Policy Uncertainty: A Study Analysis
•
A subject of debate: is economic policy uncertainty holding back a stronger post-Great Recession recovery?