A desirable property of a monetary instrument is that it holds its value over short periods of time. Most assets do not have this property: ...
Hva mener egentlig Høyesterett om strukturerte produkter?
Høyesterett har avsagt en uklar dom. Finansklagenemda må avgjøre hva retten egentlig mente. Det er fortiden full forvirring om hvordan domme...
Monetary policy in a liquidity trap
Krugman has an interesting article today, Monetary Policy in a Liquidity Trap . I (sort of) agree with much of it. But I believe that a few ...
Poor Germany
Well, here's an eyebrow raiser: Germans Among Poorest in Europe: ECB Study . The paper is available here: The Eurosystem Household Fina...
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