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Stop and Start Consumption: the Cash for Clunkers Fiscal Stimulusigmforum editor - September 3rd, 2010
By Atif Mian and Amir Sufi Proponents of fiscal stimulus argue that targeted subsidies can spur consumers ... Read Cash for Clunkers article>
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Started by faculty members from the Initiative on Global Markets at the University of Chicago Booth School of Business Global markets have generated confusion among policymakers and the public. The IGM promotes sound analysis of how these markets work, their effects, and the way they interact with policies and institutions. 
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By Anil K. Kashyap and Frederic S. Mishkin
Wall Street Journal, November 9, 2009
Anil Kashyap and Frederic Mishkin discuss the Federal Reserve’s independence and the impact of the Congressman Ron Paul’s bill (H. R. 1207). They also explore an amendment that would mitigate the negative consequences of Congressman Paul’s bill.