Tuesday, April 22, 2014

On the Argentine crisis again

This week the Supreme Court heard the case of the Vulture Funds against Argentina. I wrote a while ago about that here. The paper on the more recent crisis and devaluation is available here.

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Rethinking the determination and long-run evolution of income distribution

New paper by Thomas Palley. From the abstract: This paper presents a theory and model of long-run cycles in income inequality. The model exp...