Tag: The Economist
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Not all recessions are created equal — Pandemic edition
Let me draw your attention to this piece written by Tomasz Wieladek for The Economist: https://www.economist.com/by-invitation/2023/12/11/tomasz-wieladek-has-an-explanation-for-recent-macroeconomic-puzzles In this piece, Tomasz Wieladek argues that the pandemic recession…
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Reserve judgment by The Economist
in PressOur recent research, written with Rashad Ahmed, Joshua Aizenman, and Gazi Salah Uddin, on the mitigating effect of foreign exchange reserves during the 2021-22 U.S. monetary…
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Burgernomics: Maps
in MapsTwo important characteristics of maps should be noticed. A map is not the territory it represents, but, if correct, it has a similar structure to the…
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Burgernomics: R codes and datasets
“Data! Data! Data!” he cried impatiently. “I can’t make bricks without clay.” Sherlock Holmes. The Adventure of the Copper Beeches, Sir Arthur Conan Doyle (1892). In…
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Burgernomics: clearly explained!
The rate of exchange between two countries is primarily determined by the quotient between the internal purchasing power against goods of the money of each country.…