Showing results 1 - 6 of 6
June 2021, Paper: "Responding to the global challenges facing our societies requires new analytical frameworks and the emergence of new ideas, especially in the aftermath of the…
May 2020, Paper, "We use a five-age epidemiological model, combined with 66-sector economic accounting, to address a variety of questions concerning the economic reopening. We…
March 2020, Paper: "Traditional banking is built on four pillars: SME lending, insured deposit taking, access to lender of last resort, and prudential supervision. This paper…
Liquidity and growth: the role of counter-cyclical interest rates. Philippe Aghion, Emmanuel Farhi, February 2015, Paper. "In this paper, we use cross-industry, cross-country…
The Safety Trap. Emmanuel Farhi, May 31, 2014, Paper. "Recently, the global economy has experienced recurrent episodes of safe asset shortages. In this paper we present a model…
A Model of the Safe Asset Mechanism (SAM): Safety Traps and Economic Policy. Emmanuel Farhi, August 22, 2013, Paper. "The global economy has a chronic shortage of safe assets…