… of the authors of the book-Nouriel Roubini-issued a very clear warning at a mainstream
venue in the halcyon days of 2006. On September 7, Roubini, a professor of economics at New …

In October of 2008 we were in the midst of a financial and economic hurricane that was certain
to leave behind massive financial and economic damage. It would eventually blow over, …

This paper investigates the relationship between political instability and per capita GDP
growth in a sample of 113 countries for the period 1950 through 1982. We define political …

Given the large deficits in many OECD countries in recent years, and the resulting sharp rise
in the public debt, it is important to determine the economic and political forces leading to …

The relationship between political and economic cycles is one of the most widely studied
topics in political economics. This book examines how electoral laws, the timing of elections, …

This paper presents a theoretical and empirical analysis of the relation between policies of
financial repression and long-term growth. We present a model of financial repression, …

Past empirical research on the effects of monetary policy in closed and open economies
found evidence of several anomalies, such as the ‘liquidity’, ‘price’, ‘exchange rate’ and ‘forward …

This paper investigates the economic and political conditions that are associated to the
occurrence of a sovereign debt crisis. We use a new statistical approach (Classification and …

In spite of concerns about “twin deficits” (fiscal and the current account deficits) for the
United States economy, empirical evidence suggests that “twin divergence” is a more usual …

" Read and pay attention"(Martin Wolf, the Financial Times): the bestselling author of Crisis
Economics argues we are heading toward the worst economic catastrophe of our lifetimes, …