Some comments on a recent paper by Robert E. Hall and Ricardo Reis (Maintaining Central-Bank Solvency under New-Style Central Banking).
Monthly Archives: February 2013
A Plea for Growth to Europe’s Politicians
IBRC: Honey I Shrunk the Equity!
A post about the disappearance of IBRC’s equity that occurred via the promissory note bond swap.
Olli’s Follies: Is Debate About Fiscal Multipliers Unhelpful?
Some thoughts on Olli Rehn’s recent letter to European finance ministers on the “unhelpful” IMF research on fiscal multipliers.
Ireland’s Promissory Note Deal
Presentation on Euro Exit Scenarios
I’ve been very busy because of personal and professional commitments over the past few weeks and haven’t had any time for blogging. I’m planning to post some stuff soon (starting with comments on the promissory note deal). Here‘s a post that discusses a talk I gave on Friday at a Chicago Booth workshop called “How Costly Would a Euro Exit Be?”