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Blogs - Apr 2016

Brexit Brief by IIEA
Wed, 2016-04-06 07:00

The consequences of Brexit for UK trade and living standards by Swati Dhingra, Hanwei Huang, Gianmarco I.P. Ottaviano, Thomas Sampson, John Van Reenen
Wed, 2016-04-06 07:06

The economic consequences of leaving the EU are at the heart of the Brexit debate. This column studies how changes in trade and fiscal transfers to the EU following Brexit would affect living standards in the UK. Across a range of scenarios, Brexit leads to lower income per capita, but the magnitude of the loss depends on what trade policies the UK adopts post-Brexit. To minimise the economic costs of Brexit, the UK would have to remain closely integrated into the Single Market.

Emerging Economies Affect Global Financial Changes
Wed, 2016-04-06 07:26

Brazil’s Political Impasse by Andrés Velasco
Wed, 2016-04-06 07:38

Brazil is facing its biggest political crisis since the restoration of democracy in 1985. Unfortunately, the political leadership needed to pull the country out of its deep malaise is nowhere in sight.

A new age of econ imperialism is coming by Noah Smith
Thu, 2016-04-07 05:55

Time to rethink the way we measure economic activity by Sir Charles Bean
Thu, 2016-04-07 06:14

The increasingly digital 21st century economy – with many zero-priced goods and services – is a challenging place for those striving to measure economic activity. This column reviews some of the main themes of the Bean Report on UK economic statistics. It suggests the exploitation of new data sources and the creation of a network of academics, private sector actors, and expert users. They would undertake research and development into the measurement of the economy and propose experimental statistics to capture the new phenomena.


Secret Data by John Cochrane
Thu, 2016-04-07 06:47

It’s the Economics that Got Small by Peter Klein
Thu, 2016-04-07 06:55

A Progressive Logic of Trade by Dani Rodrik
Wed, 2016-04-13 21:24

Progressives should not buy into a false and counter-productive narrative that sets the interests of the global poor against the interests of rich countries’ lower and middle classes. With sufficient institutional imagination, the global trade regime can be reformed to the benefit of both.

Global trade should be remade from the bottom up by Larry Summers
Thu, 2016-04-14 01:02

What’s behind the March Spike in Treasury Fails? by Michael Fleming and Frank Keane
Tue, 2016-04-19 06:52

The Post-Crisis Economy’s Long Debt Hangover by Carmen Reinhart
Wed, 2016-04-27 22:56
With the largest economies, nearly eight years after the global financial crisis, burdened by high and rising levels of public and private debts, it is baffling that comprehensive restructuring does not figure prominently among policymakers' options. Indeed, at last week's G-20 meeting, debt was the proverbial elephant in the room.

Managing Debt in an Overleveraged World by Michael Spence
Wed, 2016-04-27 23:16

In the years since the 2008 global financial crisis, austerity and balance-sheet repair have been the watchwords of the global economy. And yet today, more than ever, debt is fueling concern about growth prospects worldwide.

The danger zone – when should we worry about how much households spend on their mortgages? by Philip Bunn
Thu, 2016-04-28 07:07

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