Larry Summers caused renewed interest in our paper on China-US relationship
May 22, 2020
Paper: "China's Bismarckian Ghost: How Great Powers Compete Economically", The Washington Quarterly,…
Princeton Webinar Series on COVID Economics
May 15, 2020
Speakers include: Esther Duflo, Janice Eberly, Eric Schmidt, Michael Spence, Erik Hurst, Veronica Guerrieri, Armino Fraga, Raj Chetty,…
COVID SME Evergreening Proposal: Inverted Economics
March 22, 2020
Business needs a pause. Inverse policy prescriptions: dos-and-don'ts are reversed
promote evergreening
(i) carrot: offer banks cheap central bank refinancing for rolled-over loans
(ii) stick: strictly enforce NPL
Throwing COVID Liquidity Life-Line
March 17, 2020
Enable firms to pay
(i) wages (Kurzarbeit scheme) and
(ii) other cash outflows by
granted (super senior) loans that are paid back like taxes over 8 years
Proposal by Markus Brunnermeier, Jean-Pierre Landau, Marco Pagano, and Ricardo Reis
Peterson Institute for International Economics
Feb. 22, 2020
Personal News: I become a non-resident senior fellow at the Peterson Institute for International Economics.