Tuesday, November 18, 2014


Wall Street Journal | Capital Controls May Make Economic Sense, Minneapolis Fed Paper Says
Countries may at times find it useful to restrict rapid capital flows because the short-term benefits of these large investments may be outweighed by an eventual drag from a stronger currency and more expensive exports, according to two economists at theFederal Reserve Bank of Minneapolis.
Wall Street Journal | Yellen Is Getting the Fiscal Policy Bernanke Asked For
Developed economy central banks have been trying for years to counteract the contractionary effects of tight fiscal policy that emerged in the aftermath of the 2008 financial crisis.