Cochrane on inflation, fiscal and monetary policy

CFA General
#1

If anyone else is interested in a bit of light reading during lunch … http://faculty.chicagobooth.edu/john.cochrane/research/Papers/fiscal_crisis_princeton.pdf

#2

there is nothing light about this paper

#3

lol … guess my sarcasm didn’t come through …

#4

my former professor and still one of my all time favorites! thanks for posting.

#5

PS I noticed a term in the paper - seigniorage. I had forgotten the meaning. In the interests of learning one new thing every day (at LEAST one new thing), in case anyone is interested, here you go http://en.wikipedia.org/wiki/Seigniorage

#6

daviskr Wrote: ------------------------------------------------------- > lol … guess my sarcasm didn’t come through yeah did not see that, I read around 30 pages of this paper last week. Good source of knowledge and I like stuff that relates theory to equations.

#7

bump…excellent paper

#8

razedge Wrote: ------------------------------------------------------- > there is nothing light about this paper wow.