Tradeoffs over Rate Cycles: Activity, Inflation and the Price Level by Kristin Forbes, Jongrim Ha, M. Ayhan Kose published by NBER (5/2025). Central banks often face tradeoffs in how their monetary policy decisions impact economic activity (including employment), inflation and the…
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The Coming U.S. Interest Rate Tightening Cycle (Arteta et al.)
abr 13, 2022, 1:31 PM 0
The Coming U.S. Interest Rate Tightening Cycle: Smooth Sailing or Stormy Waters? by Carlos Arteta, M. Ayhan Kose, Franziska Ohnsorge, and Marc Stocker published by World Bank Group (2015). “Context: a long-anticipated event, but still with substantial risks. Since…
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Today’s inflation and the Great Inflation of the 1970s (Ha et al.)
mar 30, 2022, 11:31 AM 0
Today’s inflation and the Great Inflation of the 1970s: Similarities and diferences by Jongrim Ha, M. Ayhan Kose, Franziska Ohnsorge published by VOXEU (3/2022). The recent commodity price surge, in the wake of Russia’s invasion of Ukraine, has exacerbated already…
Developing economy debt after the pandemic by M. Ayhan Kose, Franziska Ohnsorge, Carmen Reinhart, Kenneth Rogoff published by VOXEU (11/2021) Global government debt soared in last year’s pandemic-induced global recession. It may now be tempting to rely on the post-pandemic…
Global Waves of Debt – Causes and consequences by M. Ayhan Kose, Peter Nagle, Franziska Ohnsorge, and Naotaka Sugawara published by World Bank (2020).
Under the cloud of cycles: Linkages between fiscal multipliers and positions by Raju Huidrom, M. Ayhan Kose and Franziska Ohnsorge published by VOXEU (8/2016). “Fiscal multipliers tend to be larger when the fiscal position of governments is stronger. This…