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The Squam Lake Report
In the fall of 2008, fifteen of the world's leading economists--representing the broadest spectrum of economic opinion--gathered at New Hampshire's Squam Lake. Their goal: the …
No Way Out?
In response to the ongoing financial crisis, the U.S. government has significantly expanded its role in economy, resulting in new legislation and both public and private policy …
MONEY, INTEREST RATES AND INFLATION
Frederic Mishkin's work has been dedicated to understanding the relationship between money, interest rates and inflation, an integral part of the monetary transmission process. …
Prudential Supervision
Since banking systems play a crucial role in maintaining the overall health of the economy, the adverse effects of poorly supervised systems may be quite severe. Without some form …