Another of those papers which questions this while notion of financial and efficient financial markets. It is by the trio Jennie Bai, Thomas Philippon, Alexi Savov.
They question whether this growth of finance industry has been any useful:
Another of those papers which questions this while notion of financial and efficient financial markets. It is by the trio Jennie Bai, Thomas Philippon, Alexi Savov.
They question whether this growth of finance industry has been any useful:
Posted in Academic research & research papers, Economics - macro, micro etc, Financial Markets/ Finance | Leave a Comment »
Prof. Miles Kimball of University of Michigan has this nice article (HT: Mankiw). He links to textbooks which explain Modern Monetary Theory (the central bank pumping money to save economy) to kids.
There is both a coloring book and a colored book.
Superb stuff.
Posted in Academic research & research papers, Central Banks / Monetary Policy, Economics - macro, micro etc, Economist | Leave a Comment »
A terrific post by Cass Sunstein. He gives Oscars to movies which have beh econ insights (HT: MR Blog).
He gives the awards for Best – Actor, Actress, Director and Picture..
Posted in Behavior Eco/Fin | Leave a Comment »

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