Aggregate demand policy in a time of COVID

Macro Series

Share on twitter
Share on whatsapp
Share on facebook
Share on linkedin
Share on email

Listen to our reports with a personalized podcasts through your Amazon Alexa or Apple devices audio translated into several languages

en flag
zh flag
Press play to listen
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
Register for FREE or log in to read the rest of this report.

Contact report analysts

Speevr exclusive event

US Election Series 2020

Roundtable: GOP Data Scientists on Big Data and US Election Polling

Scott Tranter

Optimus Analytics

Tuesday 11th August 2020 at 12:00 ET / 17:00 UK

RSVP to secure your spot for this event

Global Letter – Cold realities

( 4 mins read ) Press play to listen Broader ramifications of COVID are set to come into sharper relief, not least in the UK. Tough economic times coming Commentary in today’s 24/7 news world tends to be intrinsically incremental.

Read More »

Focus – Abenomics is found wanting

( 14 mins read ) Press play to listen The record of Abenomics is at best mixed, and at worst a chronicle of failure. Overall growth potential is minimal, lowflation embedded, and vulnerability to shocks high. Orthodox macro policy is

Read More »

Economics Risks

( 6 mins read ) Viral resurgences further set back incipient recoveriesBalance sheet distress intensifies, not least in the EMsFiscal policy support is withdrawn too soonReal activity takes several years to return to recent highsNear-zero inflation becomes embedded in the

Read More »

Comment: Britain and the tyranny of nostalgia

( 11 mins read ) Press play to listen Britain has now been in relative economic decline for the better part of 150 years.Many of the reasons for this were first identified as long ago as the Victorian era.Pyrrhic victories

Read More »

Comment: Money talks

( 9 mins read ) Press play to listen Monetary growth has accelerated, prompting inflation warnings from Monetarists The pick-up reflects extraordinary policy interventions in response to the pandemic Demand for money balances has risen too, although the surge appears

Read More »

Global Letter – Tip of the iceberg

( 7 mins read ) Press play to listen The basic science has long been known: but the planet is warming faster than expected. COVID-19 is a sharp reminder of humankind’s fragility and its linkages with the natural world. Headlines

Read More »

Comment: Forgive us our debts …

( 12 mins read ) Press play to listen Total global debt has continued to burgeon in the ten years since the Financial Crisis. The COVID-19 pandemic stands greatly to add to debt burdens. Much of the additional debt that

Read More »

Global Letter – The EU: on the money

( 6 mins read ) Press play to listen The EU’s recovery programme is a potential game changer for the economy and the single currency. Decisive moment In his memoirs, European visionary and revered French diplomat Jean Monnet asserted that:

Read More »

Follow our contributors on Twitter

🧮[CUENTAS FISCALES]

🔶 En septiembre aceleró el gasto primario (71.6% a/a vs 56.9% en ago), impulsado por fuertes subas en subsidios económicos (224.7% a/a)
🔶Ingresos avanzaron 34.3% a/a, aún debajo de la inflación
🔶El déficit primario acumulado alcanzó 4.9% del PBI

@kiguel

Andrés Borenstein @Coloboren, profesor de la Escuela de Negocios #UTDT, fue entrevistado en @cnnradioarg sobre las últimas medidas dictadas por el Banco Central, el Ministerio de Economía y la Comisión Nacional de Valores. cc @BajoConsumo https://bit.ly/3dIq1iQ

To ensure the quality and reliability of @OurWorldinData's COVID-19 testing data, we've decided to remove 🇦🇷 Argentina from our dataset for the time being. The official figures aggregated by the government are not of sufficient quality to correctly reflect the extent of testing.

Abre Nodio y propone contratar 135 personas para monitorear noticias, cierra un área de la Oficina Anticorrupción por falta de personal. Son decisiones...

Next Monday, Oct. 26, 12-1 pm EDT: Don't miss this discussion of @observingjapan's biography of former PM Abe Shinzo, with 2015-16 Associate @sonoda_koji. Registration & more info here: https://programs.wcfia.harvard.edu/us-japan/event/harris-10-26-20

EL IOC CAE 10% EN OCTUBRE
El Índice de Optimismo Ciudadano (IOC) desarrollado por @Poliarquia_ a fin de medir el humor social retrocede 10% en octubre, obteniendo un valor de -80 puntos (pesimismo fuerte). Es el valor más bajo en un año. #EncuestaMensual

Load More...