Blogs&Reviews

  • Global rebalancing

    Antonio Fatás, 10 December 2018

    Today the world displays smaller imbalances than at the peak of 2008. In this post, Antonio Fatas looks at the extent to which rebalancing has happened between different country groups.

  • The border between creation and cataclysm

    Diane Coyle, 09 December 2018

    Diane Colye reviews "Prosperity: better business makes the greater good" by Colin Mayer, who argues that, for the most, part big companies deserve their dismal reputation.

  • Resist, rebel, and Remain

    John Van Reenen, 07 December 2018

    In this post, John Van Reenen argues that members of Parliament should vote down Theresa May's Brexit dealt without hesitation, creating the opportunity for a coalition of MPs to pass legislation for a People’s Vote.

  • In this first in a five-post series, Richard Baldwin looks at why it is difficult for us to comprehend the explosive advancement of digital technology.

Other Recent Blogs&Reviews:

  • Jon Danielsson, 12 April 2018

    The financial press had a field day when volatility hit a high in early February. In this post I argue that it was not all that extreme. The high point of volatility was only the 103th highest volatility in the past 88 years. 

  • Roger Farmer, 11 April 2018

    This post accesses the little-hyped concept of ergodicity.  In an exploration of economic forecasts, I argue that ergodicity must be injected into probability models.  From that ensues trips into the butterfly effect, multiple equilibria, and the representative agent approach.

  • Thomas Sampson, 10 April 2018

    In this post I examine a recent policy paper from the UK government that looks at trade in a post-Brexit EU and lay out several issues in need of consideration.

  • Ashoka Mody, 01 April 2018

    Financial markets are better than economists in sensing non-linearities, the critical junctures where fundamental shifts occur. This article argues that politics, economics, and finance are threatening to shake things up; it’s no time to look away.

  • Esa Jokivuolle,

    An integrated European banking market can be seen as an ultimate objective of Europe’s Banking Union project. As Esa Jokivuolle describes in this post, the recent initiative to reduce home bias in banks’ sovereign debt exposures aims to support these goals.

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