Developing country debt managers driving blind ft.com/content/ee0d89…

While US monetary policy shocks act as financial shocks increasing risk premia in emerging markets, a shock to US dollar does not generate the same effect, from José I. Cristi, Sebnem Kalemli-Ozcan, Mariana Sans, and D. Filiz Unsal nber.org/papers/w32330

Fun fact:

Wind based power generation in 9MFY24 has cost Rs 48.8 and solar Rs 42.9 per unit.

These guys were meant to be the 'currency' when the world reaches closer to the end 😐

Happy to see our paper on uncertainty shocks in booms and busts out in the JME! Link: sciencedirect.com/science/articl…

NEW: my column this week is about the coming vibe shift, from Boomers vs Millennials to huge wealth inequality *between* Millennials.

Current discourse centres on how the average Millennial is worse-off than the average Boomer was, but the richest millennials are loaded 💸🚀

Palestinian flag. There are the people and then there are the governments.

🥁🥁NEW WORKING PAPER 🥁🥁

🎢🎢'What drives the recent surge in inflation? The historical decomposition roller coaster '🎢🎢

with Drago Bergholt Fabio Canova Nicolò Maffei-Faccioli Pål Bergset Ulvedal

norges-bank.no/en/news-events… #econtwitter 1/N

My favorite behavioral experiment covered in The WEIRDest People in the World:

“You are riding in a car driven by a close friend. He hits a pedestrian. You know that he was going at least 35 mph in an area of the city where the maximum allowed speed is 20 mph. There are no

Replugging the story of the amazing Arif Naveed on this eid. A privilege to know him for years and someone to look upto.

Slowdown in capital accumulation also explaining a significant fraction of the slowdown in UK labour productivity. At Royal Economic Society annual conference.

#OPINION : By refusing to embrace competition as a guiding principle, Pakistan is wasting away the potential of individuals and society, writes Javed Hassan
arab.news/v7ad8

In 1997, Julia Hill climbed a 200-foot 1000-year-old Californian redwood tree and did not come down for 738 days to prevent Pacific Lumber Company loggers from cutting it down.

She ultimately reached an agreement with the company to spare the tree and a 200-foot buffer zone