Links (10/22/18)

• Fiscal multipliers are larger when foreigners hold debt - VoxEU
• The financial mistakes of households and their social costs - VoxEU
• Central bank communication and the yield curve - VoxEU
• The ‘real’ illusion: How monetary factors matter in low-for-long rates- VoxEU
• William Nordhaus and the costs of climate change - VoxEU
• The American Economy Is Rigged - Joe Stiglitz
• You Can't Ignore the Influence of Big Business on Economic Policy - ProMarket
• The great decoupling - The Washington Post
• Notes on Global Convergence (Wonkish and Off-Point) - Paul Krugman
• Refining the “science” of political science - MIT News
• ‘Metrics Monday: Goodness of Fit with Panel Data in Stata - Marc F. Bellemare
• Summit for Diversity in Economics Recap: Celebrations and Reflections - Women in Economics at Berkeley
• System effects - Understanding Society
• Tax Reform and U.S. Effective Profit Taxes: From Low to Lower - Liberty Street Economics
• MMT and Labour’s fiscal rule - mainly macro
• Negative Nominal Interest Rates and Banking - Cecchetti & Schoenholtz
• Could knowledge about Central banks impact households’ expectations? - Bank Underground
• Modeling Time-Variation Over the Business Cycle (1960-2017) - Econbrowser
• Yellen, Reichlin, and Rajan on the big questions facing central banks around the world - Brookings
• Natural rates and ‘starred’ variables: A conversation with Yellen, Reichlin, and Rajan - Brookings
• The Fed Knows What It's Doing. Relax. - Tim Duy
• Low-Carbon Macro - Bank Underground
• Meet the “Off-Shore Balancers” - Economic Principals
• More on Sticky Wages - Uneasy Money
• The Federal Reserve Is Raising Interest Rates Again for Probably All The Wrong Reasons - Brad DeLong
• Top 1.0 percent reaches highest wages ever—up 157 percent since 1979 - Economic Policy Institute
• Don’t Chase the Needles: An Optimistic Assessment of the Economic Outlook and Monetary Policy - Randal K. Quarles
• College financial aid: Equity and efficiency - Federal Reserve Bank of Minneapolis
• Asymmetric business-cycle risk and social insurance - VoxEU
• The secular decline in US employment over the past two decades - VoxEU
• FinTech and the Search for Full Stack Financial Inclusion - Lael Brainard