…rates may have come to an end. If so, debt restructuring may become a more common event that needs to be addressed directly. cross posted with Capital Ebbs and Flows…

Kaine’s emails show he was engaged on everything from traffic flows on southbound I-95 to explanations on why he picked one state lawmaker over another to sponsor income tax legislation….

…is much higher than that which can be explained through trade flows (writes Krugman who should know). I am old enough to remember the Oil shocks. The recessions which followed…

…which don’t depend on long term expectations. This is the view expressed 80 years ago in “The General Theory of Employment, Interest, and Money”. I think subsequent research has tended…

…from Jones: And finally, from “Post-1500 Population Flows and the Economic Determinants of Economic Growth and Inequality,” published in Harvard’s Quarterly Journal of Economics: The positive effect of ancestry-adjusted early…

…Business School has stated. She presents evidence of the impact of global volatility, as measured by VIX, on international asset prices and capital flows. An important determinant of such volatility…

…external position,” “a capital position dominated by private flows,” “a reserve position which…remains relatively comfortable,” “a sustainable public debt position,” and “the absence of solvency problems.” My first paper on…

…of million-dollar Bugattis, instead of forty handfuls of $25,000 Toyotas. Sounding familiar? But wealth concentration doesn’t just strangle the flows of spending, production, and income. It throttles the accumulation of…

…Save your money. Spend less than you earn. That’s how you become wealthy, right? That’s not totally wrong, but if you think that’s the whole story — or even a…

…here) pointed that developing countries with high productivity growth have received equity inflows. The “uphill” capital flows in the opposite direction are due to the official purchases of Treasury debt…