…try to explain what’s really going on. In the simplest NK models of fiscal policy, we think of an economy that faces an adverse shock in the current period, but…

…are not talking about a farmer, industrialist, or merchant hedging against adverse contingencies. This is strictly about gambling – with deposits that are backed up ultimately by the US taxpayer….

…The critics also forget that hard times are likely to make people more risk-adverse, not less. Imagine that you are a battered single mother. Recently, you divorce and your husband’s…

…After Solicitor General Donald Verrilli claimed that a Court decision against the law would cut off subsidies “immediately,” producing “very significant, very adverse effects” for “millions of people,” Alito suggested…

…of EMs (Emerging Markets) with excess deficits were simultaneously affected by negative shocks.” But is calling attention to possible adverse shocks sufficient? Biagio Bossone and Roberta Marra(see also here) of…

…in an adverse manner even if there was an increase in total income unless there were stipulations and policies within it. President Obamas claiming Warren and other populist opponents of…

…costs of volatile capital flows could be analyzed using the accepted tools of welfare economics. The adverse impact on financial stability of capital outflows can be considered as an externality…

…the period before 2013 did contribute to the adverse response to Bernanke’s statement. The co-authors interpreted this result as showing that foreign investors withdrew funds from the financial markets where…

…thing missing from the issue of health care cost that goes back to her incorrect statement regarding single payer is the adverse incentive the insurance companies have. Their power, which…

…shorter period of time. It looks like Denmark had more adverse effects, and that Sweden grew better afterwards. Europe as a whole did much worse over the same period of…