Clark Center Forum

 

 

 

 

 

Luigi Zingales, speaking with Tom Keene of Bloomberg Television’s “Surveillance Midday” on August 12th, 2011, discussed the U.S. and European sovereign debt, financial market volatility, and the U.S. housing market. Watch video> 

The Bureau of Labor Statistics reports that the time American workers spent at their paying jobs decreased by more than 8 percent between 2007 and 2010. This sharp decline in aggregate market work hours occurred for two reasons: The unemployment rate increased dramatically during this period, and the downturn reduced the average hours worked per […] 

 

 

by Luigi Zingales and Roberto Perotti The latest effort by European policy makers to contain the debt crisis offers only temporary relief for the euro area. The involvement of private creditors is a step in the right direction, though it is quantitatively too limited, and the buyback program may end up rewarding banks’ shareholders and […]