Posts filed under “Think Tank”

Do Federal Reserve Bank Presidents Have A Regional Bias?

Category: Think Tank

The Money Multiplier — A Rite of Passage for the Wrong Reason

The last time I taught college-level Money and Banking, over five years ago, the textbook I was  coerced into assigning (but didn’t use) still had a section on the mechanics of how the banking system in a fractional-reserve regime could expand deposits (a component of “money”) by some multiple of cash reserves provided by the central bank. The Federal Reserve…Read More

Category: Currency, Think Tank

A Simple General Equilibrium Model of Large Excess Reserves

Category: Think Tank

The Effects of Benefits on Unemployment and Labor Force Participation

Category: Think Tank

The Great Housing Boom of China

Category: Think Tank

Category: Think Tank

Turkey and Islamic State

Turkey and Islamic State David R. Kotok September 20, 2014     While we watch the war unfolding against the Islamic State (IS) in Syria and Iraq, it is critical to keep an eye on neighboring Turkey. There is a lot at stake; Turkey holds a key position. The news reports today are replete with…Read More

Category: Think Tank

Modern Rules

YOU WANT A HIT It anchors your career. There are hitmakers and everybody else. A hit just means something ubiquitous that everybody listens to, chart numbers are unnecessary. Hits can come in a flash via inspiration, but oftentimes they require a huge amount of effort and craft. Are you repeating the verses? Is the chorus…Read More

Category: Music, Think Tank

Kiron Sarkar’s Weekly Report 9.20.14

A larger than expected majority of Scots (55.3%) voted to remain in the UK. Westminster has promised more powers for Scotland, which has lead to calls for further powers for Northern Ireland, Wales and, of course, England. The politics will get messy, but thats a game for next year. The FED did not remove the…Read More

Category: Think Tank

Making Sense of Dissents: A History of FOMC Dissents

Category: Think Tank