By Michel Cassard. Princeton University. --- This paper uses vector autoregressive analysis to show a change to the Federal Reserve’s reaction function post 2008.
Category: Macroeconomics
Probit Analysis of Non-Ferrous Metals as Leading Indicators: Testing Industrial Metal Prices in a Binary-Response Model of Pre-Crisis Thailand, 1997
By Admund Tay. New York University. --- There is a large body of scholarship in circulation...
The Dangers of Letting Money Float
By Jaewoo Jang. Stanford University. --- The emergence of South Korea as one of four Asian tigers in the early 1990s was a facade of success based on an unsustainable and premature financial structure. The government’s imposition of the financial liberalization policy induced an environment where...
Crude Oil Price: An Indicator of Consumer Spending
By Natalie Li and Eva Lin. New York University. --- As the most major source of energy, crude oil has a significant impact on political and economic dynamics around the globe. The price of oil, therefore, directly and indirectly affects our daily lives.
Macroeconomic Forces within the Market for Prostitution
By Cody Cook, Scott Loring, Teddy Niemiec, and Kayla Reinherz. University of Chicago. --- This paper explores the impact of macroeconomic forces on the market for prostitution.
A Chat With Professor John Taylor
By Libby Scholz. Stanford University. --- In an interview with Stanford Professor John Taylor, we discussed both the new Economics One course at Stanford and Dr. Janet Yellen’s appointment to the Federal Reserve. This article summarizes the interview and provides additional commentary.
The UK’s Decision to Phase-Out Aid to India: Progressive or naïve?
By Anne Evered. Stanford University. --- On November 8 of this year, the United Kingdom announced that it will be phasing out £200m ($319m) worth of aid to India between now and 2015.
Rise of Political Extremism Following the Eurozone Economic Crisis
By Rehan Adamjee. Stanford University. --- The European economic crisis has become the center of much of the economic discourse that is taking place around the world.
The Veil of Communism: An Analysis of Lifespan, GDP per Capita, Human Capital, and Agricultural Productivity in Eastern Europe
By Matei Dăian. Stanford University. --- There is a clear economic difference between the more economically-developed Western Europe and their poorer counterparts in Eastern Europe...