Martin Feldstein News
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Europe’s crisis-torn nations are paving an escape route to recovery.
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The U.S. Labor Department said $6.8 trillion in pension funds can be invested in cleared swap transactions as long as certain conditions are met.
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Federal Reserve Chairman Ben S. Bernanke has something to tout before Congress in hearings this week: job growth in the auto and housing industries.
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In 1961, Martin Feldstein faced a choice: Become a doctor -- or an economist. He had finished his bachelor’s degree in economics from Harvard College and been accepted to Harvard Medical School. He went with economics, enticed by a Fulbright scholarship to study at Oxford University in England. Once there, he found a way to combine his two areas of interest, Bloomberg Markets magazine reports in its October special issue on the 50 Most Influential people in global finance. The first paper he published was an economic analysis of Britain’s National Health Service.
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Harvard University Professor Martin Feldstein, who predicted in 1998 that the euro would prove an “economic liability,” said the single currency will survive for now, even as he bets Greece quits within a year.
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Harvard University economics professor Martin Feldstein said the U.S. economy may fall into a recession next year even if Congress and President Barack Obama avert the full brunt of the so-called fiscal cliff.
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Dr. Doom got it wrong.
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U.S. economic growth may not top 2 percent this year and a third round of quantitative easing by the Federal Reserve would have little effect, said Martin Feldstein, a professor of economics at Harvard University.
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The U.S. economy will probably fall into a recession in 2013 if lawmakers can’t break an impasse over the federal budget, Harvard University economics professor Martin Feldstein said.
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A decline in U.S. homebuilding permits last month may indicate a renewed housing slump as demand weakens after the expiration of tax credits, Harvard University economics professor Martin Feldstein said.
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