Links for 06-03-16

• Japan’s Consumption Tax Hike Was a Demand Disaster - Brad Setser
• I think the very sharp Olivier Blanchard has got it wrong - Brad DeLong
• Using the residual on the right-hand side is not "explaining" - Brad DeLong
• The asymmetry of inflation or ECB Communication? - Antonio Fatas
• John Whitehead: The Conservative Bias in Economics? - Brad DeLong
• Evidence of hidden protectionism in the US in the Great Recession - VoxEU
• We're Still Not Sure What Causes Big Recessions - Noah Smith
• A Big Merger May Flatten America’s Beer Market - The New York Times
• The Fed takes a look beyond US data - FT.com
• Moving On Up - macroblog