Latest Thoughts and Data
Here are some of my latest thoughts. These include presentations I've made to policy-makers, and updates of the most recent data analysis I'm doing.
- Will Housing Save the U.S. Economy? -- Essay for Booth Economic Outlook 2013, 4/23/2013
- Links related to 100% reserve banking, or the "Chicago Plan" of the 1930s (both great reads!):
A Program for Monetary Reform from 1939
The 'Chicago Plan' and New Deal Banking Reform, by Ronnie Phillips - Geography of spending recovery: California versus Texas, 01/24/2013
- Why is the FHA in trouble?, Part 2, 11/16/2012
- Why is the FHA in trouble?, 11/15/2012
- On the power of banks resisting higher capital requirements, lessons from 1933, 11/12/2012
- The Geography of the Housing Recovery, 10/25/2012
- The young cut back on spending much more during the Great Recession, 10/24/2012
- Frictions in the transmission of monetary policy, 10/22/2012
- Eerie similarity between subprime mortgage expansion of the 2000s and installment credit expansion in 1920s -- we know how both ended ..., 10/17/2012
- Who suffered most during the Great Recession? Net wealth shock for poor, median, and rich households, 10/16/2012
- Comments at FRB of Kansas City Jackson Hole Monetary Policy Symposium, 09/01/2012