This week’s IGM Economic Experts Panel statements:
A) Most college professors who assign textbooks would not be able to guess, within 10% of the actual figure, the retail price that their students pay for new copies of those books.
B)
…This week’s IGM Economic Experts Panel statement:
The recent decline in oil prices will promote higher real GDP in the US over the next couple of years.
…This week’s IGM Economic Experts Panel statement:
A US city hosting a big convention will enjoy a higher boost to incremental spending — holding the number of visitors and their average incomes fixed — if those visitors are auto dealers
…This week’s IGM Economic Experts Panel statement:
A typical country can increase its citizens’ welfare by enacting policies that would increase its trade surplus (or decrease its trade deficit).
…Myron Scholes Forum, December 4, 2014
Matthew Gentzkow, Richard O. Ryan Professor of Economics and Neubauer Family Faculty Fellow at the University of Chicago Booth School of Business
New technologies have transformed the media landscape, and with it the
…“a measure of confidence Americans have in the private institutions in which they can invest”
A VIDEO OF THE IGM’S MOST RECENT SCHOLES FORUM TALK CAN BE VIEWED HERE.
The US Monetary Policy Forum (USMPF) brings academics, market economists, and policy makers together to discuss US monetary policy for an annual conference, sponsored by the IGM. A standing group of academic and private sector economists produces a report on a critical medium-term issue confronting the Federal Open Market Committee.
2014 USMPF REPORT
MARKET TANTRUMS AND MONETARY POLICY
2013 USMPF REPORT
CRUNCH TIME: FISCAL CRISES AND THE ROLE OF MONETARY POLICY
EXECUTIVE SUMMARY
2012 USMPF REPORT
HOUSING, MONETARY POLICY, AND THE RECOVERY
2011 USMPF REPORT
STRESSED OUT: MACROPRUDENTIAL PRINCIPLES FOR STRESS TESTING
2010 USMPF REPORT
FINANCIAL CONDITIONS INDEXES: A NEW LOOK AFTER THE FINANCIAL CRISIS
2009 USMPF REPORT
OIL AND THE MACROECONOMY: LESSONS FOR MONETARY POLICY
2008 USMPF REPORT
LEVERAGED LOSSES: LESSONS FROM THE MORTGAGE MARKET MELTDOWN
2007 USMPF REPORT
UNDERSTANDING THE EVOLVING INFLATION PROCESS
The China Economic Summer Institute enables the best Chinese scholars to stay in active contact with top-notch researchers from the rest of the world, and provides a forum to encourage promising young Chinese researchers to work on topics that are important for understanding the Chinese economy. To learn more see the CESI WEBSITE.
SELECTED PAPERS FROM THE 2012 CHINA ECONOMIC SUMMER INSTITUTE:
PUBLIC SCHOOL RESOURCES AND PRIVATE SUBSTITUTES IN URBAN CHINA
by Cheng Yuan and Lei Zhang
A MODEL OF CHINA’S STATE CAPITALISM
by Xi Li, Xuewen Liu, and Yong Wang
A UNIFIED MODEL OF STRUCTURAL ADJUSTMENTS AND INTERNATIONAL TRADE: THEORY AND EVIDENCE FROM CHINA
by Hanwei Huang, Jiandong Ju, and Vivian Z. Yue
*The IGM cosponsors the CESI with Tsinghua University; UC Berkeley’s Program on Institutions and Governance; and the Katholieke Universiteit Leaven’s LICOS Center.
Capital-Market Effects of Securities Regulation: The Role of Implementation and Enforcement
by Hans Christensen, Luzi Hail, and Christian Leuz
Christian Leuz proposes creating a “Global Player Segment” in which firms would use the same reporting rules (ie, IFRS), face the same enforcement mechanisms, and have similar incentives for transparent reporting
Read Leuz’s GPS proposal>
See related research paper>
Global Accounting Convergence and the Potential Adoption of IFRS by the United States
by Luzi Hail, Christian Leuz, and Peter Wysocki
PAPERS FROM THE IGM WORKING PAPER SERIES ARE AVAILABLE FOR DOWNLOAD HERE.
