by Thomas Aubrey | Apr 24, 2014 | Uncategorized
Paul Krugman in a recent article argued that the rock star of the recovery – Sweden – has turned itself into Japan. The data he cites to back this claim up is deflation and a halt to the falling unemployment rate. This is a major claim to make which seems...
by Thomas Aubrey | Apr 20, 2014 | Uncategorized
The IMF has recently produced an interesting paper on the trend in global interest rates over the last 30 years. The paper argues that real interest rates have fallen over the last 30 years in three phases. In the 1980s and early 90s it was due to monetary policy, the...
