What else does a guy need to distract him from finishing his essay by 5 pm today?
I'll be listening to Prof. Vegh lecture on "fiscal policy over the business cycle" at the annual Frank Tamagna Lecture here are AU. I imagine it's going to be related to this work on the very strange tendency towards pro-cyclical fiscal policy and the role of good institutions in breaking out of the pro-cyclicality trap.
Comparative advantage: a partial truth
9 hours ago