Posts filed under “Think Tank”

How Changes in Immigration Policy Might Affect the Federal Budget

Category: Think Tank

When Does a Central Bank’s Balance Sheet Require Fiscal Support?

Category: Think Tank

The Greek Economy: Which Way Forward?

Category: Bailouts, Think Tank

Category: Think Tank

Would a Gold Standard Brighten Economic Outcomes?

Category: Think Tank

ECB, Euro, USD, Interest Rates

ECB, Euro, USD, Interest Rates David R. Kotok Cumberland, January 24, 2015     After a two-and-a-half-year wait for “whatever it takes,” the quantitative easing (QE) announced this week by the European Central Bank (ECB) is different from the QE undertaken by the Federal Reserve (Fed) during and after the financial crisis and now completed….Read More

Category: Think Tank

Super Mario Delivers

Mr Draghi (Super Mario) delivered yesterday, despite the leaks which virtually gave away the details of his announcement ahead of the press conference. The EZ Central Banks (coordinated by the ECB), together with the ECB is to buy E60bn of government, ABS’s, covered bonds and agency debt, per month, commencing March 2015 up to at…Read More

Category: Bailouts, Federal Reserve, Think Tank

Finally the details . . .

The ECB said the combined monthly purchases which includes ABS and covered bonds and now include sovereign and agency bonds will total 60b euros per month and will continue to do so “until we see sustained inflation improvement.” The ratio will be based on the capital key where about half is made up of Germany,…Read More

Category: Bailouts, Federal Reserve, Think Tank

Higher Education, Wages, and Polarization

Higher Education, Wages, and Polarization Rob Valletta FRBSF, January 12, 2015     The earnings gap between people with a college degree and those with no education beyond high school has been growing since the late 1970s. Since 2000, however, the gap has grown more for those who have earned a post-graduate degree as well….Read More

Category: Think Tank, Wages & Income

Fed: “Understanding House Price Index Revisions”

Category: Think Tank