100 Results for:

December 10, 2004

Emerging Markets
Why Argentina should do its bond exchange, ASAP

Yields on Latin American bonds have not been this low for a long time. It is hard to believe that Brazil’s 20 year dollar bond trades at a yield of only 8%, and most long-term Brazilian bonds are in …

November 7, 2004

United States
Updated paper on the sustainablility of US trade and current account deficits

Nouriel and I have just posted our updated analysis of US external sustainability, i.e. the United States capacity to continue to run large trade and current account deficits.The paper is certainly l…

January 15, 2005

Economics
Latest speech of FRBNY President Tim Geithner

I pay a certain amount of attention to what New York Federal Reserve President Tim Geithner has to say just because he was my boss at the Treasury and the IMF (noted in the spirit of full blog disclo…

October 29, 2004

Financial Markets
David Wessel visited the Harvard economics department

Or at least talked to Summers and Rogoff, before writing his Thursday Wall Street Journal column. It is worth reading if you have access to the Journal. I agree with his bottom line: getting out of…

November 3, 2004

Economics
the best recovery money can buy

One interpretation of the results of the US election is that Ray Fair’s model (am having trouble with the interface, so no link -- it is available on nouriel’s web page in the elections section) was …

May 3, 2005

Economics
Specializing in the production of houses

Kash provides a pithy summary of the state of the US economy:"the US economy has slowly been evolving from a goods-producing economy into a house-producing economy"I suspect Calculated Risk would con…

October 4, 2005

Financial Markets
Forget China, let’s talk about oil

Not the oil price per se, but what oil producers are doing with all the coin that comes with high oil prices.  I have rattled on and on about how China's current account surplus is on track to …

October 26, 2005

United States
What to say when the markets are listening to Stephen Jen?

The Economist's Buttonwood struggles with something I have also struggled with:Stephen "Interest rate and growth differentials, not current account deficits" Jen has basically been right on the d…

February 22, 2006

Peacekeeping
HBO History Maker Series: Terje Roed-Larsen

Watch Terje Roed-Larsen discuss his past and present role in the Middle East peace process as part of the Home Box Office (HBO)-sponsored History Makers Series.

January 3, 2006

United States
Tyler Cowen take note - dollar pessimism may no longer be fully “priced” in

Tyler Cowen has argued that big shocks come when markets are surprised, and, right now, no one would be surprised by a dollar decline.  People like me (and others with a wee bit higher profile) have …