Macro Series

Aggregate demand policy in a time of COVID

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Large increases in government expenditure generally necessitate restraint elsewhere However at present significant resources are lying idle: no such sacrifice is needed Hence increases in government exenditure currently need not be financed by borrowing Neither need they be recorded as increases in debt owed to the public Today’s circumstances require the explicit coordination of fiscal and monetary policy This could be calibrated by targeting an appropriate target path for nominal GDP You wouldn’t want to start from here The world is faced by a major macro polic
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Economic Risks

( < 1 min read ) Please find attached the January issue of our monthly Economic Risks. Below is a top-level summary: A rampaging virus and lockdowns extend secondary dips Immunisation programmes take time to reach critical mass Bankruptcies, joblessness, poverty, and inequality

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Cualquiera que pueda explicar en voz alta las medidas del kernerismo para el mercado de carne y no se mate de risa es que no entendió las medidas

We are pleased to announce our new Associate, Jonathan Fried. Based in Ottawa, Jonathan will further strengthen our #global team; deepen our #expertise; and bring us closer to #policy.
https://www.llewellyn-consulting.com/jonathan-fried

We are pleased to announce our new Associate, David Munves. Based in New York, David will further strengthen our #global team; deepen our #expertise; and bring us closer to #markets.

https://www.llewellyn-consulting.com/david-munves

@Coloboren, profesor de la Escuela de Negocios #UTDT, opinó en @elDiarioAR sobre las condiciones necesarias para que la economía argentina crezca. https://bit.ly/36bpPWI

There's a growing consensus inside the administration that the state of emergency over the pandemic would be extended, likely for another month.
https://www.yomiuri.co.jp/politics/20210125-OYT1T50141/?fbclid=IwAR05OpOkXj8b2S1flIyUwMsSMgHqFMKJjbx0IRvcMSUfFvoZK7jBdWAH5hE

Para el turno mañana, dejo aquí el podcast La Economía en 3 minutos. Esta semana sale La Conquista de YPF. Esta semana tiene EMAE, comecio y una licitación importante. Homenaje a Catupecu y Britney nos acompañan en la musicalización.

https://anchor.fm/andres109/episodes/La-conquista-de-YPF-epdm8h

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