Emerging Market Currencies

Interpreting Recent Emerging Market Currency Movements by Menzie Chinn, Econbrowser.com Appeared originally at Econbrowser 03 January 2013 Caption illustration added by Econintersect. Expectations of central bank policies are only part of the story. The rapid decline in emerging market currency values has been quite remarkable.

U.S. Economy Gaining Momentum

by James D. Hamilton, Econbrowser.com Appeared originally at Econbrowser 30 January 2014 Caption illustration added by Econintersect. The Bureau of Economic Analysis announced today that U.S. real GDP grew at a 3.2% annual rate in the fourh quarter. That’s two quarters in a row now of above average growth. Given recent experience, that sounds pretty …

“Is the U.S. economy really about to go boom?”

Politico Magazine asks “should we really be so optimistic about the year ahead?” Mohamed El-Arian (PIMCO), Jared Bernstein (CBPP), Laurence Kotlikoff (Boston U.), Robert Reich (Berkeley), Menzie Chinn (Wisconsin U.) and Jeffry Frieden (Harvard), Jeffry Frankel (Harvard) and Dean Baker (CEPR) respond.

Assessing the Crowding Out Hypothesis: An Undergraduate Textbook Analysis

From my (undergraduate) Economics 390 “Topics in Macro” midterm:Consider this statement: “Borrowing and spending by the public sector will crowd out investment and growth in the private sector.” Paul Ryan, “Path to Prosperity” (April 2012).