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European Central Bank designs its current monetary policy reaction function and interest rate forward guidance in response to key delays in inflation conver

William Easterly critiques several economic development policies and then indicates that bottom-up solutions often result in macro policy success in spite o

Corporate diversification theory and evidence A recent strand of corporate diversification literature spans at least three generations. The first generat

Oxford macro professor Stephen Nickell and his co-authors delve into the trade-off between inflation and unemployment in the dual mandate of price stability

Daron Acemoglu and James Robinson show that good inclusive institutions contribute to better long-run economic growth. Daron Acemoglu and James Robinson

Fed Chair Jerome Powell sees a remarkably positive outlook for the U.S. economy right after the recent interest rate hike as of September 2018. He humbly su