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Chief Economist SBP Reassures That The Most Difficult Part is Behind Us

Chief Economist SBP Reassures That The Most Difficult Part is Behind Us
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Abhijit Banerjee – Biographical - NobelPrize org

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2019 was awarded jointly to Abhijit Banerjee, Esther Duflo and Michael Kremer "for their experimental approach to alleviating global poverty"

The Mussa puzzle and the optimal exchange rate policy | VOX, CEPR Policy Portal

The Mussa puzzle refers to the existence of a large and sudden jump in the volatility of the real exchange rate after the adoption of a floating exchange rate regime in 1973. It is a central piece of evidence in favour of monetary non-neutrality. In contrast to conventional wisdom, this column argues that the puzzle cannot be explained with sticky prices, and instead provides

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