Wednesday, February 25, 2015

Yellen says that interest rates will remain low for a while


Patience is the new buzzword. Yellen correctly noted that even though the economy is recovering: "too many Americans remain unemployed or underemployed, wage growth is still sluggish and inflation remains well below our longer-run objective."

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Raúl Prebisch: Peripheral Development

Our book is out (in Spanish). You can buy it here . We have written a few papers in English if you are interested available here , and h...