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(1) Can Fiscal Policy Save Us From Rising Inequality? (4 min read)
Past pandemics reveal much about the path of macroeconomic variables after Covid-19. One concern is inequality, which often rises for many years. A new IMF paper explains how governments can avoid most of the long-term downside risks from Covid-19.
(Sam van de Schootbrugge│21st July, 2021)
Global reflation? (BIS, 9 page read)
U.S. Monetary Policy Spillovers to Emerging Markets: Both Shocks and Vulnerabilities Matter (FED, 28 page read)
Taming Wildcat Stablecoins (NBER, 41 page read)
Persuading Investors: A Video-Based Study (NBER, 38 page read)