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  1. Vor 6 Tagen · Jun 14, 2024 Maurice Obstfeld. Even if trade deficits were a major issue for the US economy, the idea that they should be reduced through levies on foreign purchases of US assets is pure folly. The likely effects of such a policy include higher interest rates and a fall in investment, leading to reduced demand, lower growth, and less innovation.

  2. 12. Juni 2024 · Maurice Obstfeld, Economic multilateralism 80 years after Bretton Woods, Oxford Review of Economic Policy, Volume 40, Issue 2, Summer 2024, ...

  3. Vor 17 Stunden · Read the latest edition of PS Economics, featuring insights and analysis from Maurice Obstfeld, Dolika Banda, Daniel Gros, Carla Norrlöf, and more. Edition #33: June 20, 2024

  4. 28. Mai 2024 · Their insightful, engaging, and inspiring book is essential reading for anyone interested in India or economic development.”—Maurice Obstfeld, Peterson Institute for International Economics “[A] lively, lucid, and persuasive book. . . .

  5. Vor 2 Tagen · Obstfeld points out that Trump's preferred policies, both separately and in combination, would be inflationary. In a fully employed economy like ours (Thanks, Biden!), cutting interest rates would tend to overheat the economy. To be clear, I think that the Fed is currently being a bit too cautious about cutting rates, but the emphasis there is on "a bit," and the larger point is that the Fed's ...

  6. 4. Juni 2024 · Goldman Sachs' Chief Economist and Head of Goldman Sachs Research Jan Hatzius, Peter Praet, former chief economist of the European Central Bank, and Maurice Obstfeld, former chief economist of the IMF, discuss the implications of central bank divergence for economies and markets.

  7. Vor 3 Tagen · In their recent assessment, Floating Exchange Rates at Fifty, Douglas Irwin and Maurice Obstfeld point out that many of the problems the IMF and the Bretton Woods agreements were designed to address are inherent to international finance. These problems remain, even though the postwar fixed exchange rate system was abandoned in favor of today ...