Published Research
Crumbling Boundaries and the Risks to Central Bank Independence
December 12, 2024
Hoover Institution, Stanford University Shadow Open Market Committee 50th Anniversary Celebration Hoover Institution October 13-14, 2024 The debate over the appropriate relationship between monetary policy and fiscal policy is an old one. However, it has taken on renewed significance since the crisis of 2007-2008 as both the Fed and the Treasury have initiated policies that […]
The Global Loss of the U-Shaped Curve of Happiness
June 6, 2024
Happiness used to be U-shaped by age, with middle age the least happy. Not anymore. Young people are now the least happy.
The wage curve after the Great Recession
March 6, 2024
GIC’s College of Central Bankers Fellow David (Danny) Blanchflower, Ph.D., a leading labour economist, a tenured economics professor at Dartmouth College, and a former member of the Bank of England’s interest rate-setting Monetary Policy Committee (MPC), recently published a paper in Economica linked below. https://doi.org/10.1111/ecca.12515 The wage curve after the Great Recession David Blanchflower, Alex Bryson, Jackson […]