Our previous post showed that inflation in Japan can be completely explained by the change in labor force. Obviously, there are different (and wrong) explanations based on monetary policy of the Bank of Japan. Below is an abstract of a working paper on this issue. In my view, it is absolutely worthless as not describing any period or major change in the inflation evolution. How can they seriously publish this kind nonsense?
Subscribe to:
Post Comments (Atom)
Трамп: лидер, системный человек или безумец?
Каждый человек, обладающий высшей государственной властью, должен разделять в уме три разных способности решать вопросы, относящиеся к долж...
-
These are two biggest parts of the Former Soviet Union. To characterize them from the economic point of view we borrow data from the Tot...
-
These days sanctions and retaliation is a hot topic. The first round is over and we will likely observe escalation well supported by po...
No comments:
Post a Comment