Macroeconomics

A prince not a pauper: the truth behind the UK’s current account deficit

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Stephen Burgess and Rachana Shanbhogue

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Optimal quantitative easing

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Richard Harrison

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Is the economy suffering from the crisis of attention?

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Dan Nixon

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Do rich countries lend to poor countries?

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Almog Adir and Simon Whitaker

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Bitesize: Trading your way out of debt

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Simon Whitaker

Despite decades of trade deficits (spending more on foreign products than foreigners spend on UK products), the UK’s net liability with the rest of the world remains negligible.  How does it pull off that trick?  By earning a higher return on its foreign assets than it pays on its foreign liabilities.

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[Guest post] Global real interest rates since 1311: Renaissance roots and rapid reversals

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Paul Schmelzing

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Does domestic uncertainty really matter for the economy?

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Ambrogio Cesa-Bianchi , Chris Redl,  Andrej Sokol and Gregory Thwaites

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A LOOPy model of inflation

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Alex Tuckett

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Mind the gap: Services trade liberalisation and global imbalances

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Mark Joy, Noëmie Lisack, Simon Lloyd, Rana Sajedi and Simon Whitaker

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David vs Goliath: the supermarkets’ battle for the consumer

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Tim Pike, Juliette Healey and Carleton Webb

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