(1) What Determines How Wealthy You Become? (5 min read)
Sam van de Schootbrugge reviews an NBER working paper on where wealth comes from. One key result suggests inheritance plays no role in an individuals future wealth.
( Sam van de Schootbrugge │ 13th January, 2021)
Some Alternative Monetary Facts (IMF, 31 page read)
Terms-of-trade shocks are not all alike (BOE, 24 page read)
Trade sentiment and the stock market: new evidence… (BIS, 23 page read)
Stock Prices, Lockdowns, and Economic Activity in the Time of Coronavirus (NBER, 29 page read)
For access to our Slack Chat Room, where we discuss all things markets with our researchers and subscribers