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Almost all advanced economies are burdened with enough debt to remain vulnerable to double-dip recessions, according to Carmen Reinhart . Moreover, the obtuse, intensely ideological prescriptions proffered by such luminaries as Paul Krugman in the NYT, and Stanford's John Taylor and Harvard's Robert ...
A simple Excel spreadsheet error punches a hole in a highly cited economic paper by Carmen Reinhart and Kenneth Rogoff that has been used to bolster policies favoring restraint in government spending.
During his keynote presentation at the Morningstar Investment Conference, the PIMCO manager made the case that high debt levels and a need for financial stability mean that central banks should keep real rates close to zero for some time.
As the world found out in 2008, it's crucial to track macrofinancial risks.
As the world found out in 2008, it’s crucial to track macrofinancial risks.