Discover and read the best of Twitter Threads about #DraghisLaw

Most recents (1)

this tells you how problematic it is to evaluate central banks on their 'inflation-target' performance alone.
It is a criteria of the 2000s, when Greenspan told us that price stability will deliver everything, including financial stability.
it is a criteria provided by pre-crisis DSGE models with their 'pretence of knowledge' that ignored macro-finance trends nber.org/papers/w16429
Financial stability > price stability during bad times #DraghisLaw
Read 3 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!