Economic Crises: Evidence and Insights from East Asia

macroeconomics, Economic Crises, East Asia

How Lawyers Can Help Macroeconomists in the Wake of Three Major Challenges

Macroeconomics has changed in light of both developments in the world and its internal intellectual evolution. This Article explores ways in which legal scholarship can help inform macroeconomic research and macroeconomic policymaking in light of three important developments: (i) limitations on conventional monetary policy in a world with lower equilibrium interest rates; (ii) labor markets not clearing as evidenced by persistent declines in labor force participation; and (iii) the potential for microeconomic competition policies to have major macroeconomic effects

Economic Crises: Evidence and Insights from East Asia

Presents information on the financial crisis in East Asia. Causes of the crisis; Contrasting perspectives on East Asia's miracle and crisis; Economic impact of the financial and capital account liberalization of the 1980s to East Asia

The Fiscal Response to the Great Recession: Steps Taken, Paths Rejected, and Lessons for Next Time

Part of a series of XX papers -RESPONDING to the GLOBAL FINANCIAL CRISIS: What We Did and Why We Did It, presented on September 11-12, 2018, at the Hutchins Center of the Brookings Institute and co-sponsored by the Yale Program on Financial Stability, in light of the 10th Anniversary of the Global Financial Crisis

YPFS Lessons Learned Oral History Project: An Interview with Jason Furman

Suggested Citation Form: Furman, Jason, 2020. “Lessons Learned Interview. Interview by Mercedes Cardona . Yale Program on Financial Stability Lessons Learned Oral History Project. September 23, 2020. Transcript. https://ypfs.som.yale.edu/library/ypfs-lesson-learned-oral-history-project-interview-jason-furma

Ultimate attainment in the use of collocations among heritage speakers of Turkish in Germany and Turkish–German returnees

In this paper we show that heritage speakers and returnees are fundamentally different from the majority of adult second language learners with respect to their use of collocations (Laufer & Waldman, 2011). We compare the use of lexical collocations involving yap- “do” and et- “do” among heritage speakers of Turkish in Germany (n = 45) with those found among Turkish returnees (n = 65) and Turkish monolinguals (n = 69). Language use by returnees is an understudied resource although this group can provide crucial insights into the specific language ability of heritage speakers. Results show that returnees who had been back for one year avoid collocations with yap- and use some hypercorrect forms in et-, whilst returnees who had been back for seven years at the time of recording produce collocations that are quantitatively and qualitatively similar to those of monolingual speakers of Turkish. We discuss implications for theories of ultimate attainment and incomplete acquisition in heritage speakers

Expanding Economic Opportunity for More Americans: Bipartisan Policies to Increase Work, Wages, and Skills

Many workers today find themselves lacking the skills and training necessary to thrive in the modern economy. Most low- and middle-income workers have not seen meaningful wage increases in many years. Millions of men and women are missing from the workforce altogether. These challenges stem from profound shifts in the American economy and necessitate a dedicated policy response.Over the course of the past year, the Aspen Economic Strategy Group collected policy ideas to address the barriers to broad-based economic opportunity and identified concrete proposals with bipartisan appeal. These proposals are presented here