Report No. 1
January 31, 2007
Report January 2007
Many believe that the value of the dollar will eventually collapse, succumbing to pressure from the deficit in the current account. A new Strategic Analysis by the Levy Institute Macro-modeling Team finds that further devaluation is inevitable, but they emphasize its beneficial effects.
Contents:
NEW STRATEGIC ANALYSIS
- Can Global Imbalances Continue? Policies for the US Economy
CONFERENCE
- Employment Guarantee Policies: Theory and Practice
NEW PUBLIC POLICY BRIEF
- Rethinking Trade and Trade Policy: Gomory, Baumol, and Samuelson on Comparative Advantage
NEW WORKING PAPERS
- Capital Stock and Unemployment: Searching for the Missing Link
- The “New Consensus” View of Monetary Policy: A New Wicksellian Connection?
- When Knowledge Is an Asset: Explaining the Organizational Structure of Large Law Firms
- On Lower-bound Traps: A Framework for the Analysis of Monetary Policy in the “Age” of Central Banks
- European Welfare State Regimes and Their Generosity toward the Elderly
LEVY INSTITUTE NEWS
- New Research Associates
- Levy Institute Awarded Grant from UNDP
- New Levy Institute Book
PUBLICATIONS AND PRESENTATIONS
- Publications and Presentations by Levy Institute Scholars
- Recent Levy Institute Publications