Tag Archives: Financial crisis

On VoxEU, Adrian Jäggi, Martin Schlegel and Attilio Zanetti report that the safe-haven currencies Swiss franc and Japanese yen react strongly to non-domestic macro surprises, and did so especially during the financial crisis. For European macro surprises, only German data influence safe-haven currencies.

Central banks in advanced economies have been transformed dramatically over the past eight years. The latest Credit Suisse Research Institute report, "The Future of Monetary Policy", looks at the changes they had to undergo since the financial crisis and at the challenges that await them going forward. The key questions remain which direction monetary...

By EconMatters We focus this video regarding the potential upside for stocks versus the considerable downside risk for investors. All Technical Analysis is flawed and backward looking, it is a Critical Thinking flaw to extrapolate the future from the most recent past. I want to know the next market move, and not still be stuck on the most recent market move. And the most important fact of all is valuations, stocks are in a bubble right now due to Central Banks extreme monetary...

On his blog, Roger Farmer advertizes his new book, “Prosperity for All,” and argues that governments should stabilize asset prices: Following the Great Stagflation of the 1970s, economists backtracked and revived the classical economic theory that had dominated academic economics for a hundred and fifty years, beginning with Adam Smith in 1776 and culminating in the business cycle theory described by Keynes’s contemporary Arthur Pigou in his 1927 book, Industrial Fluctuations. That...

In the NZZ, Rudolf Hermann reports about Iceland’s recent steps towards removing capital controls. The article also reviews the financial crisis in Iceland. See also a previous post on capital account liberalization in Iceland and another one on the legal dispute between Iceland and the UK and the Netherlands.