Yearly Archives

2019

Monopsony in the UK

By Will Abel, Silvana Tenreyro, and Gregory Thwaites This post first appeared on Vox. The growing prominence of giant companies in advanced economies has raised concerns about the increase in monopoly power (e.g. Eeckhout and de Loecker…

What Is GDP in China?

Analysts are increasingly skeptical that China’s very high reported GDP growth rate provides a meaningful picture of the economy’s health. There are, however, at least three very different ways that reported GDP can fail to reflect the…

Three economic policy debates

Happy Monday! Let's take a break from all of the angst about Brexit, about the US shutdown, and slowing global growth and look at some overarching macro policy debates that are relevant to this economic cycle. I've put forward my own views…

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