coffeehouse economics

Just as a vital sign: Ever wonder what the whole "rules vs. discretion" debate was about? Again , let Goldman Sachs be of service:...

This week, we read Sargent, Thomas J. (2012): " Nobel Lecture: United States Then, Europe Now ", Journal of Political Economy , ...

In our yesterdays session, we discussed another paper of Mister Shin, this time a piece he published with Mister Adrian: Adrian, T. and Sh...

The semester's over in Hohenheim and so is the weekly frequency of our paper sessions. However, we got around to another one this week a...

Fun news with minor policy implications: Canadian 50 and 100 Dollar banknotes apparently deform when exposed to heat , where 'heat' ...

Part of working at a university is, of course, to discuss what's going on in the profession. At our chair, this includes a (preferably) ...

Warum Spitzenpolitiker in Aufsichtsräten der Großindustrie sitzen, ist recht offensichtlich. Für Thyssen-Krupp hat sich nach Recherchen des ...

I'm a sucker for cheap wordplays, so here's another one: Before we all lose our sober look tomorrow (ta-taaa!, now click the link ;...

Probably not just our dear colleague amv is all excited about the FED's new conditional QE3 program. In contrast to previous rounds of Q...

I aim to provide a rough estimate of future losses of the Spanish banking system, therey pinning down its potential need for recapitaliziati...

...ehm, or should I rather say: Thank you, EFSF?! Well, I'm not really invited, anyway. But those of you, who are, just some quick notes...

After a trip to Hong Kong last week, I'm very impressed with Chinese efficiency. Especially riding the metro is pure pleasure. The opera...

He is very right. Please find the speech here . Teaser (unfortunately only in German, emphasis added): Banken müssen darüber hinaus abe...

Von wegen! Die Dokumentation " die story - Größenwahn und Selbstbedienung - Der Krimi um die Millionen der West-LB" des WDR weckt...

Some of us participate in the   EE-T project  (Economics e-Translations) which is funded by the European Commission in the framework of th...

As always, the recent Jackson Hole conference has been a source of excellent contributions. I find the speech of Andy Haldane most notably....

Todays meeting of the ECB governing council has been eagerly awaited. ECB President Draghi fueled market expectations of a large-scale gover...

In a recent post on  FT Alphaville  Izabella Kaminska is positive about this. She goes on explaining how the investor’s run on safe assets...

The Economist published an excellent article on why yields in mature economies continue to be close to zero despite of rising debt ratios. P...

Here's a management summary of what the fine folks at Goldman Sachs think about Operation Twist : "Bernanke rearranged the deck ...