Archive for August 3rd, 2010

Collecting and calculating house price data is a main challenge

August 3, 2010

Though this Takatoshi Ito’s paper  is on flexible inflation trageting and whether it is passe, it has some nice inputs on housing sector.

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What if US becomes a Japan style economy?

August 3, 2010

The signs are emerging and ominous. Leading economists like Krugman are already saying US could go into a debt-deflation trap unless policymakers do something. 

James Bullard has written a very neat and insightful paper comparing the situation between US and Japan. 

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