Economics

When will Hong Kong’s Interest Rates Align With the US?

HKMA’s often neglected control on the Aggregate Balance

The Fed’s Interest Rate Policy Regime — Corridor System or Floor System

Fed’s pre-2008 Corridor System

A skeptical review of the QEs — why they might not be powerful as some thought?

Why hadn’t the Federal Reserve rescued Lehman Brothers ten years ago?

Aging, Output Per Capita and Secular Stagnation

Capital Outflows and Sudden Stop

The recent Turkey lira crisis highlights the problem with the sudden stop of capital inflow.

Interview with Paul Romer |On Hong Kong, Charter Cities and Growth Theory

Integrating Psychology with Economics | Q&A with Hersh Shefrin & Shlomo Benartzi

This weekend is a big one for behavioral economics. This morning, Richard Thaler, laureate of The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2017, has presented his…