Value Added

Home
Archive
About
NewTopDiscussion
Inflation is the biggest debate in macro. The models don't work.
Duncan Weldon
11
Research from the BIS suggests that much of the recent increase in inflation is really a result of changing relative prices rather than a generalised…
Duncan Weldon
9
Consumers seem to think so. And they are supposed to be driving the recovery.
Duncan Weldon
14
Over the coming 12-18 months fiscal policy will matter more than monetary policy in Britain. Political economy is trumping macroeconomics and driving…
Duncan Weldon
3
What we know so far
Duncan Weldon
7
UK macro-policymakers just keep accepting economic damage as irreversible. They shouldn't.
Duncan Weldon
9
The 1970s analogy is overused in British economic commentary. But, in some ways, it is starting to make sense.
Duncan Weldon
13
The Bank's actions are hard to square with its numbers. Plus: some free advice for the Governor.
Duncan Weldon
8
What we know so far, continued
Duncan Weldon
8
A big - and much better targeted - fiscal package. But where does it leave the Bank? And what happens next year?
Duncan Weldon
8
Inflation is uncomfortably high. But central banks faced a tough trade-off.
Duncan Weldon
10
The global macro debate is focussed on monetary policy. Fiscal policy will play a bigger role in the coming 12-18 months.
Duncan Weldon
2
© 2022 Duncan Weldon
Privacy ∙ Terms ∙ Collection notice
Publish on Substack Get the app
Substack is the home for great writing