Monthly Archives: May 2012

Risk Premia

Brad Delong has an interesting article in which he blames today’s large risk premia on the failure of institutions. The government isn’t providing adequate fiscal and monetary support and financial institutions aren’t working in a way that “mobilizes risk bearing … Continue reading

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Falling Interest Rates

The secular decline in rates since the Volker era is quite striking. Besides factors related to the great moderation and the global savings glut, I wonder how much of this trend is due to the USD’s exorbitant privilege in a … Continue reading

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Obama’s Electoral Cushion

Based on a literal interpretation of recent state polls from realclearpolitics, Obama would win the election with 294 electoral votes. His lead could sustain a ~3-4 point across the board hit.¬†Add this to the growing list of reasons why Eurozone … Continue reading

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Books that I’m looking forward to reading

Amazon.com: The New Geography of Jobs (9780547750118): Enrico Moretti: Books.

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