Keyword: inflation

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Europe

A Quarter Century of the Euro

This European survey examines (a) Europe’s economic growth performance over the last 25 years has been measurably better than it would have been in the absence of the single currency; (b) With euro area member states having given up their ability to carry out independent monetary policy, it is substantially more difficult for them to respond effectively to country-specific macroeconomic disturbances
Europe

Argentina

This European survey examines (a) The fundamental cause of Argentina’s high inflation is unfunded fiscal commitments that are being financed by the central bank; (b) Even if Argentina could marshal the resources to make a full switch to using US dollars for domestic transactions, it would substantially increase the volatility of Argentine GDP
US

Argentina

This US survey examines a) The fundamental cause of Argentina’s high inflation is unfunded fiscal commitments that are being financed by the central bank; (b) Even if Argentina could marshal the resources to make a full switch to using US dollars for domestic transactions, it would substantially increase the volatility of Argentine GDP
Europe

Greedflation

This European survey examines (a) A significant factor behind today’s inflation in Europe is dominant corporations in uncompetitive markets taking advantage of their market power to raise prices in order to increase their profit margins; (b) A significant factor behind today’s inflation in some sectors of the European economy is dominant corporations in uncompetitive markets taking advantage of their market power to raise prices in order to increase their profit margins; (c) A significant factor behind today’s inflation in some sectors of the European economy (both competitive and concentrated) is distortions in the aggregate economy where supply does not meet demand.    
Finance

Inflation-Indexed Bonds

This Finance survey examines (a) By issuing inflation-indexed bonds, and thereby providing a long-term real safe asset for pension funds and retirement savers, governments can make a substantial contribution to social welfare; (b) Issuance of inflation-indexed bonds substantially helps government commit to a responsible fiscal and monetary policy
US

Student Loan Relief

This US survey examines (a) The administration’s loan relief plan will not have a substantial impact on inflation in either direction; (b) A longer-term impact of the administration’s loan relief plan is likely to be substantially higher tuition fees at some universities; (c) A longer-term impact of the administration’s loan relief plan is likely to be measurably higher student debt burdens in anticipation of future forgiveness