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Comment on Hoerger: Early Pilots of Medicare Auctions Brings No Solace to Auction Experts
Medicare Auctions Brings Auction Experts
2015/9/18
Our Economists’ Voice column sumthe current and proposed Medicare auctions. The column was based on a careful
reading and analysis of the auction rules.
Stabilization Policies in a Growing Economy: A Comment
Stabilization Policies Growing Economy
2015/8/5
In a recent paper,3 Professors Stein and Nagatani (SN) have examined monetary stabilization
policies in a full employment nonlinear monetary growth model. Specifically, they
try to give a "rigorous ...
One of the more important questions in the area of quantitative economic
policy concerns the suitability of optimal control theory for economic
stabilization problems. Despite extensive theoretical ...
On the Possibility and Desirability of Stabilization Policy: A Comment
Possibility Stabilization Policy
2015/8/5
On the Possibility and Desirability of Stabilization Policy: A Comment.
Comment on ‘Central Bank Behavior and the Strategy of Monetary Policy: Observations from Six Industrialized Countries’ by Ben Bernanke and Frederic Mishkin
Central Bank Behavior Strategy of Monetary Policy
2015/8/4
Ben Bernanke and Rick Mishkin have put together a useful data base
on money growth, targets for money growth, and monetary policy decisions
in six different countries during the 1970s and 1980s. The...
The Budgetary Arithmetics of Loan Guarantees and Deposit Insurance: A Comment
Loan Guarantees Deposit Insurance
2015/8/4
The main focus of Philippe Weil’s paper is on the new U.S. budgetary
treatment of direct loans and loan guarantees that began with the Credit
Reform Act (CRA) of 1990. W er ‘1’ s analysis raises fun...
Comment on ‘The Use of a Monetary Aggregate to Target Nominal GDP’ by Martin Feldstein and James Stock
Monetary Aggregate GDP
2015/8/4
Comment on ‘The Use of a Monetary Aggregate to Target Nominal GDP’ by Martin Feldstein and James Stock.
Comment on ‘Tax Policy and Investment’ by Kevin Hasset and R. Glenn Hubbard
Tax Policy Investment
2015/8/4
Comment on ‘Tax Policy and Investment’ by Kevin Hasset and R. Glenn Hubbard.
Comment on ‘America’s Peacetime Inflation: The 1970s’ by J. Bradford De Long
Inflation Peacetime
2015/8/4
Comment on ‘America’s Peacetime Inflation: The 1970s’ by J. Bradford De Long.
The Dual Nature of Forecast Targeting and Instrument Rules: A Comment on Michael Woodford’s ‘Forecast Targeting as a Monetary Policy Strategy: Policy Rules in Practice,’
Forecast Targeting Instrument Rules
2015/8/3
I thank Michael Woodford for writing such a thoughtful and useful paper on
monetary policy. It is filled with fascinating ideas and insights, each carefully explained.
As befits this final “Looking ...
Comment on Economics of the Primary Dealer Credit Facility.
The Dual Nature of Forecast Targeting and Instrument Rules: A Comment on Michael Woodford’s ‘Forecast Targeting as a Monetary Policy Strategy: Policy Rules in Practice
Policy Rules Practice
2015/8/3
Michael Woodford’s chapter is fi lled with fascinating ideas and insights,
each carefully explained. Most importantly, he proposes an ambitious
future research program with the specifi c practical p...
Comment on Gabaix and Laibson, “The 6D bias and the equity premium puzzle”
premium puzzle Gabaix and Laibson
2015/7/23
An economy populated by a representative agent with power utility predicts
an equity premium which is far below the realized equity premium in postwar
data, at least for “reasonable parameters” for ...
The University of Queensland expert available to comment on electricity changes
comment electricity changes
2014/7/4
The Global Change Institute at The University of Queensland, Australia, was established in 2010 as an independent source of game-changing research, ideas and advice for addressing the challenges of gl...
The income gradient in children’s health: A comment on Currie, Shields and Wheatley Price
Children Health ncome United States England
2014/3/24
This paper re-examines differences found between income gradients in American and English children’s health, in results originally
presented by [Case, A., Lubotsky, D., Paxson, C., 2002. Economic sta...