The Federal Reserve is tasked with creating a monetary policy that encourages price stability and maximizes employment. As a result, it attempts to keep inflation at around 2% a year because that has ...

A balanced mix of fixed and floating-rate assets provides resilience regardless of rate direction. Read here for an analysis ...

There are multiple places where financial advisors recommend keeping your money this July. Here are five to know.

Saving more money is a perennial resolution, but emotions shouldn’t drive that habit, financial experts say. Instead, be ...

We study the effects of debt-financed fiscal transfers in a general equilibrium, heterogeneous-agent model of the world economy. In the long run, increases in government debt anywhere raise the world ...

President Bola Tinubu has reiterated the commitment of his administration to deploy adequate funding to critical sectors of ...

This is true of Canada as well. In this paper we discuss the increasingly important role behavioral economics plays in Canadian public policy. We first contextualize government policies that have ...

Following Part I of this paper that reveals two distinct interpretations of demand curves and the corresponding different forms of the market clearing formulation, Part II of this paper analyzes the ...