The world will be paying close attention tomorrow when the Federal Reserve announces the results of its two-day policy-making meeting. The big question is what, if anything, the announcement will communicate.
The discovery of a spreadsheet error in an influential study by Harvard University economists Carmen Reinhart and Kenneth Rogoff inevitably raises a troubling question: To what extent can we trust what any researcher claims to be true?
Justin Wolfers, University of Michigan professor of economics and public policy and Bloomberg View columnist, discusses his op-ed "Refereeing the Reinhart-Rogoff Debt Debate" which looks at the "academic firestorm" sparked by the discovery of an error in a research paper by Harvard University economists Carmen Reinhart and Ken Rogoff. Wolfers speaks with Bloomberg's Kathleen Hays and Vonnie Quinn on Bloomberg Radio's "The Hays Advantage."
Federal Reserve Chairman Ben Bernanke is trying out a new communication strategy that has the potential to dramatically change the outlook for the economy. The idea: By telling people more about its longer-term plans, the Fed can stimulate the economy even when interest rates are as low as they can go.
The discovery of an error in an influential research paper by Harvard University economists Carmen Reinhart and Kenneth Rogoff has sparked an academic firestorm. It’s time to sort through the wreckage.
My colleagues Justin Wolfers and Betsey Stevenson provocatively argue that Representative Paul Ryan, the Republican Party's de facto spokesman on economic policy, is "an inflation nutter" because he is concerned that future budget deficits may lead to rapid price inflation.