…economy. The competitive equilibrium model allows for markets (households + firms + government) to determine the allocation of goods and resources. In theory, and if certain conditions hold, both models…

…it to more people. And they do it without busting the budget. How do they achieve all that? Through the miracles of economic efficiency — policies that make the markets…

…Administration officials and the Federal Reserve to conduct an investigation into “systemic wrongdoing by financial institutions” in the mortgage markets. Regulators Must Believe in Regulation to Prosecute White Collars, Professor…

…and profiling corporate America while also writing about financial markets in the U.,S and abroad, with an emphasis on Japan and Russia.. After leaving Barron’s, she wrote a column about…

…of Sister Daly’s ICCR, provides research and advice to governments, corporations, academics, institutional investors and others seeking unbiased actionable information on securities markets and companies that issue securities. Although recently…

…desired path for the future price level (or future nominal GDP) that is higher than that currently expected by the markets. It is argued that such an announcement would raise…

…more likely to be invested in Asian markets than it is to stay in the US. Or it will be just more fodder for the rich managers and shareholders to…

…be important that normal access to medium and long-term funding markets is restored,” the EBA said. [emphasis mine] Well, so long as it’s not an immediate crisis, everything is hunky-dory….

…some illustrations of the polarizing of bond markets that’s coincident with the euro area bond crisis. (Notice I do not say currency crisis because it’s really the bond markets that…

…missing is that by late 2009 and early 2010, in some markets, home sales in many markets had dried up. I can’t prove it – I don’t know where one…