Banking and Policy Issues Magazine

June 2011

Interview with Ricardo Caballero

MIT economist on global asset shortages, financial fragility and the pretense of knowledge.

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Top of the Ninth




Research Digest

  • Opening up
    Ellen McGrattan explores the relationship between economic growth and openness to foreign investors [PDF]
  • Is forgetting a problem?
    A new study suggests that organizational forgetting is a less significant drain on productivity than previously thought [PDF]
  • Obstacles to growth
    Diverging trends in Mexico and China suggest that, absent significant institutional reforms, China’s rapid progress will slow [PDF]

Virtual Fed



Narayana Kocherlakota

Early Childhood Research at the Federal Reserve Bank of Minneapolis