Archive
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Working Paper
Working Paper SeriesLatent Instrumental Variables: A Critical Review
Jul 2016
This paper considers the estimation problem in linear regression when endogeneity is present, that is, when explanatory variables are correlated with the random error, and also addresses the question of a priori testing for potential endogeneity.
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Article
Police Shootings, Economics, and Empirics
Jul 19, 2016
In the past month, analysts from all disciplines have tried to make sense out of shooting deaths of blacks by police and also ambush attacks of police.
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Article
What’s the Problem With Protectionism?
Jul 19, 2016
One thing is now certain about the upcoming presidential election in the United States: the next president will not be a committed free trader.
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Article
James Crotty and the Responsibilities of the Heterodox
Jul 17, 2016
It was during a year in residency at Tokyo’s Hitotsuabashi University in 1995 that Jim Crotty first “met” John Maynard Keynes.
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Article
On Arrest Filters and Empirical Inferences
Jul 14, 2016
I’ve been thinking a bit more about Roland Fryer’s working paper on police use of force, prompted by this thread by Europile and excellent posts by Michelle Phelps and Ezekeil Kweku.
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Article
The Promise of Regrexit
Jul 12, 2016
Europe’s leaders must recognize that the EU is on the verge of collapse. Instead of blaming one another, they should pull together and adopt exceptional measures.
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Article
From Brexit to the Future
Jul 11, 2016
The EU is preparing to take a tough line with Britain, in order to deter other member states from following it out of the Union. But it is the neoliberal agenda that has prevailed for last four decades, benefiting only the top 1%, that is fueled voter anger on both sides of the Atlantic.
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YSI Event
Basel III and the Challenges of Banking Regulation
A webinar series organized by the YSI Financial Stability Working Group
YSI
DiscussionJul 8–Sep 9, 2016
The YSI Financial Stability Working Group will explore the changing nature of banking regulation. The series will look into the history of the Basel regulations, how they are conceived, and the challenges that are posed in their implementation.
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Article
How MBA Programs Drive Inequality
Jul 7, 2016
Business school students are taught to extract resources instead of creating value.
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Article
Another Banking Crisis in Europe? This Time, Save Banks, Not Bankers
Jul 7, 2016
If Italy or the European Union have to step in to save banks, there’s no reason for them to have to do it for free
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Article
Brexit, Trump and the challenge of populism
Jul 6, 2016
What we’re reading: As the shock of the UK referendum vote to leave the European Union continues to roil, a number of analysts see it as revealing dynamics of which all Western policymakers ought to be aware
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Article
Channeling Charles Kindleberger on Brexit
Jul 5, 2016
The economic historian would have seen the British vote to leave the European Union as part of a larger drama of centralization versus pluralism
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Article
Crisis After Brexit: Let us put an end to the old Europe of denigrators
Jul 5, 2016
No, it’s not bureaucracy that is to blame - It’s the EU that has a problem, because urged by Germany it has pushed a kind of naive globalization, the outgrowths of which contribute to the upswing of dim-witted populists. Not only in the EU. Time for a new paradigm.
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Article
Spain: The politics of austerity and deflation
Jul 4, 2016
An election has failed to resolve a political deadlock that coincides with long-term economic stagnation
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Webinars and Events
Advanced Graduate Workshop in Development and Globalization
WorkshopJul 4–17, 2016
The Advanced Graduate Workshop in Development, led by Nobel Laureate Joseph Stiglitz is interested in identifying the complex interactions that influence well-being, development and growth.