Stimulus Multipliers: Via Greg Mankiw’s blog comes a new paper by John F. Cogan, Tobias Cwik, John B. Taylor and Volker Wieland on stimulus multipliers, which aim to gauge how effective fiscal policy will be on the economy...
It is going to be fascinating to see how long Kevin Rudd, the greatest illusionist ever to become prime minister of Australia, can maintain this illusion of omnipresent leadership created by his energy, his ubiquity and his hypocrisy...
In cubicles, factories and stores these days, anxious workers are trying to ease each other's economic fears with something akin to, "Well, at least we still have a job."...
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.