Showing posts with label David Wessel. Show all posts
Showing posts with label David Wessel. Show all posts

Friday, 30 September 2016

Productivity and Election 2016 (David Wessel, Brookings)

Only half of all Americans tell public opinion pollsters that they expect today’s young people to have a better life than their parents, a remarkably pessimistic view given the economic and technological progress that the U.S. has enjoyed over the past several generations.[1] Will those pessimists be proven correct? The answer depends on how fast we can increase productivity, the amount of goods and services produced for each hour of work.

Thursday, 21 July 2016

Lessons learned from Detroit: A judge's perspective (Evan Bursey, David Wessel, Brookings)

U.S. District Judge Gerald E. Rosen has more experience than most in resolving thorny cases of municipal distress: He was the mediator in the high profile bankruptcy of Detroit. What lessons did he draw from that experience that might apply to future municipal bankruptcies? We put that question to him at our recent Municipal Finance Conference, and he offered what he calls “The Four C’s.”

http://www.brookings.edu/blogs/up-front/posts/2016/07/20-lessons-learned-from-detroit-a-judges-perspective-wessel

Thursday, 12 May 2016

Keeping the U.S. Fiscal Ship afloat (Louise Sheiner, David Wessel, Adrianna Pita, Brookings)

"We sought out to make this game because we think that the national debt is an important issue that budget experts talk about all the time but it is very hard for the general public to really understand, so we thought to do it in a way that is more entertaining and more fun.”— Louise Sheiner

http://www.brookings.edu/research/podcasts/2016/05/keeping-us-fiscal-ship-afloat

Friday, 6 May 2016

Kohn: Challenges in implementing macroprudential policies (Brendan Mochoruk, David Wessel, Brookings)

In the aftermath of the global financial crisis, macroprudential policy tools have received much attention, but central bankers have relatively little experience implementing these policies in highly developed markets, and challenges remain. In a recent speech at the European Central Bank, Donald Kohn, the Robert S. Kerr Senior Fellow in Economic Studies at Brookings and former vice chair of the Federal Reserve Board, discussed four challenges faced by the Bank of England’s Financial Policy Committee—of which he is a member—in designing and implementing macroprudential policies.

http://www.brookings.edu/blogs/up-front/posts/2016/05/06-kohn-challenges-in-implementing-macroprudential-policies

Friday, 29 April 2016

Wednesday, 27 April 2016

At Senate budget hearing, a sharp take on the stalled progress (David Wessel, Brookings)

Senate Budget Committee hearings on fixing the budget process are not noteworthy for their drama or tension. Wednesday’s hearing, however, may be an exception.

http://www.brookings.edu/research/opinions/2016/04/27-at-senate-budget-hearing-a-sharp-take-on-stalled-progress-wessel

Book. The $13 Trillion Question. Managing the U.S. Government’s Debt (David Wessel, Brookings)

$13 Trillion Question

Everyone talks about the size of the U.S. national debt: now at $13 trillion and climbing, but few talk about how the U.S. Treasury does the borrowing—even though it is one of the world’s largest borrowers. Everyone from bond traders to the home-buying public is affected by the Treasury’s decisions about whether to borrow short or long term and what types of bonds to sell to investors.

http://www.brookings.edu/research/books/2015/the-13-trillion-dollar-question

Wednesday, 30 March 2016

Monday, 28 March 2016

Six ways the Federal Reserve could respond to the next recession (Anna Malinovskaya, David Wessel, Brookings)

If another recession hits, does the Federal Reserve have any tools left to bring the economy back to growth and stability? Or has it run out of ammunition? Jon Faust of Johns Hopkins University argues that, with short-term interest rates still near zero, the tools the Fed has used in the past Fed’s tools may not be as powerful or effective as usual.

http://www.brookings.edu/blogs/up-front/posts/2016/03/28-six-ways-federal-reserve-could-respond-next-recession-wessel