118 Results for:

November 18, 2004

Taking away the punch bowl when the party is really getting going?

That is the classic view of the role of the central bank. It extends beyond using monetary policy to prevent "overheating" and price inflation. Most central bank regulate the banking system, and si…

April 11, 2005

United States
Skating on incredibly thin ice

Altogether, the circumstances seem to be as dangerous and intractable as any I can remember, and I can remember quite a lot. What really concerns me is that there seems to be so little willingness o…

April 28, 2005

United States
Central banks, cheerleaders and paper losses

This week’s Economist looks at the "paper" losses that central banks issuing local currency (or selling local currency debt) to buy foreign exchange reserves would incur in the event of the revaluati…

June 23, 2005

United States
How does the Fed imagine the US current account deficit will adjust?

Greenspan does not think a revaluation of the RMB would have a major impact on the US trade balance.The Fed does not think that reducing the fiscal deficit would generate a major reduction in the cur…

January 27, 2006

United States
Imports surge, GDP and exports don’t …

The market thinks that the (bad) q4 GDP number is old news; the economy is looking far better in q1.   The market is also banking on stronger export growth to help support US growth in 2006.  See Jus…

March 5, 2006

Financial Markets
Subsidized both by the Chinese government and the US government …

I am talking about housing, of course.  And it seems everyone else is too.   Starting with the New York Times Magazine.    No wonder.   Everyone wants to know what will happen to real estate prices…

November 16, 2006

United States
Wrong about 2006. Right about 2007? Or 2008?

I don’t think that Nouriel Roubini and I ever argued Bretton Woods 2 – an international monetary system based on central bank financing of the US deficit -- would absolutely collapse by the end of 20…

April 1, 2010

South Korea
Carbon Capture and Storage Ramps Up in the United States and South Korea

Jill Kosch O’Donnell is a former Junior Associate of The Asia Foundation and writer in Washington, DC. Demonstration projects now underway in the United States and South Korea to capture CO2 emissio…

Korea Electric Power Corporation (KEPCO)

April 7, 2010

China
Making Sense of China’s Energy Intensity Statistics

Stephen Howes (via Roger Pielke) takes a look at recent Chinese statistics and calls recent Chinese claims to have cut energy intensity by 14.38% from 2005 to 2009 into question. I’ll be the last pe…

April 10, 2010

Climate Change
Krugman on Climate: The Good

Paul Krugman’s essay in tomorrow’s New York Times Magazine is generating a lot of buzz. I like it more than most of what’s written on climate and economics these days, but I’ve still got a few rese…