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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 ...
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 ‘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 ...
Differences in IQ predict Italian North-South differences in (among other things) income: a comment
IQ Income Education Italy
2014/6/24
I provide a discourse on the article by Prof. Lynn (2010), which suggests that differences in intelligence explain per capita income levels acrossthe Italian regions. To emphasize that his article ...
Comment on ``Tests of scaling and universality of the distributions of trade size and share volume: Evidence from three distinct markets by Plerou and Stanley, Phys. Rev. E 76, 046109 (2007)。
Tests scaling universality distributions trade size share volume Evidence
2010/12/17
Comment on ``Tests of scaling and universality of the distributions of trade size and share volume: Evidence from three distinct markets" by Plerou and Stanley, Phys. Rev. E 76, 046109 (2007)。
New Thoughts in Need--A Comment on World Banks Reaching the Rural Poor: Strategy for Rural Develop
Rural Development Poverty Migration Comparative Advatnages
2008/1/17
Abstract: In the past 50 years, the rural development strategies, proposed by the World Bank and other international development agencies, aimed to enhance agricultural productivity, with focuses on i...