What is Nominal GDP targeting ?
…predicted a smaller than observed effect of operation twist). Note this is for about $10 trillion of QE. The effect of the volume on the market on risk premia is…
…predicted a smaller than observed effect of operation twist). Note this is for about $10 trillion of QE. The effect of the volume on the market on risk premia is…
…April 13 marks the upswing in risk premia on Italian, Spanish, and Belgian bonds relative to German bunds. Hmmm…policy mistake? Now that’s just malicious. Rebecca Wilder also posted at Newsneconomics…
…took near-term premia, had long-term obligations at a rate below what the market would pay (on average, in most cases), and you just had to, again, manage your personal relationships…
…pockets the risk premia ? Sure it does. Wouldn’t that be public ownership of the means of production, that is socialism ? Yes. Am I saying that Bernanke and Paulson…
…will cause insurance premia to increase. They commissioned a study from PricewaterhouseCoopers to conduct an analysis (it must be an analysis there are lot’s of numbers in it) and a…
…One is that financing subsidies by taxing expensive insurance policies will hurt Maine, since insurance premia are high in Maine (note it takes a sort of inverted political genius to…
…spending, I predict there will be few takers. Senators and representatives will not be enthusiastic to choose higher premia for their constituents. So they will be in the position of…
…properties, he might convince someone who cares about economic theory (not typing at the moment). If he further finds a utility function consistent with the data on risk premia and…
…on a trailing price-earnings ratio of 22 and a price-to-book ratio of more than 3, both substantial premia to developed markets. On a cyclically-adjusted p/e basis (averaging the earnings over…
…breaks spending down in to two parts: direct out-of-pocket spending on health care, and individual premiums for health insurance. It’s interesting to note that out-of-pocket health insurance premia actually remained…