The Political Economy of Geoeconomics
This post builds on Jeffry Frieden’s comment on geoeconomics in the NBER Macroeconomics Annual. Frieden’s central argument is that geoeconomic policy should not be analyzed as if states…
This post builds on Jeffry Frieden’s comment on geoeconomics in the NBER Macroeconomics Annual. Frieden’s central argument is that geoeconomic policy should not be analyzed as if states…
I regularly contribute to EconMacro in the field of international macroeconomic shocks that are transmitted via geopolitics, energy markets, exchange rates, and sustainable development. The relevant Reuters story…
Maurice Obstfeld opens his recent PIIE note with a crisp proposition: the world does not need America’s current-account deficit to satisfy excess demand for dollars. In the narrow…
In the 6 posts of the series about the inflationary effects of geopolitical risks, I revisited the paper by Dario Caldara, Sarah Conlisk, Matteo Iacoviello, and Maddie Penn…
I just finished reading the latest blog of John H. Cochrane and I learned a lot of new things, you should read it too: https://www.grumpy-economist.com/p/causation-does-not-imply-variation Basically, Cochrane is…
This is my first-ever blog on Machine Learning! A major novelty in the latest version of Stata, Stata 19, is the implementation of Machine Learning. Today, I will…
Israel’s economy is now 7% below its pre-war trend. Unlike the COVID-19 recession, this time there is no quick rebound. The plucking model fails under conflict, where instability…
Ces derniers temps, on entend beaucoup de choses sur la dette publique française… Alors, voici ma petite contribution au bruit ambiant. Voici comment on peut présenter les choses…
In a previous post, we asked whether France did turn porcine in the context of a grim fiscal outlook: The results of the democracy index of The Economist…
China will move increasingly toward political freedom if it continues its successful movement for economic freedom. — Milton Friedman in 2003. Milton Friedman was a giant of economics,…
Today, allow me to repost a blog written by Menzie Chinn about the French debt situation. The post is available on EconBrowser https://econbrowser.com/archives/2024/12/frances-sovereign-debt-situation-some-graphs According to The Economist, France…
In these uncertain times when history and geopolitics are of utmost importance for economics, let me draw your attention to this website with very nice timelines: https://www.cfr.org/timelines The…
In his last book, La Défaite de l’Occident, Emmanuel Todd, a French historian and demographer, argues that the infant morality rate is higher in the US than in…
This is it! You now need 1 dollar to buy 1 euro. To get this picture below, I used the FRED connection with Mathematica 13.1, as I explained…
It was very interesting to reread this special issue of Le Point published last summer. This issue displays a journalistic article on one page and an abstract of…
The numbers are going up not because we are testing more, but because the virus is being transmitted more. Jennifer Lee (2020). The case fatality rate (i.e. the…
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