Robert Reich's writes at robertreich.substack.com. His latest book is "THE SYSTEM: Who Rigged It, How To Fix It." He is Chancellor's Professor of Public Policy at the University of California at Berkeley and Senior Fellow…
The impact of population ageing on monetary policy
Population ageing is likely to affect many areas of life, from pension system sustainability to housing markets. This column shows that monetary policy can be considered another victim. Low fertility rates and increasing life expectancy…
Firms expectations of inflation matter: New evidence
With nominal short-term interest rates close to their effective lower bound, monetary policies partly operate through changing the inflation expectations. This column analyses the causal effect of inflation expectations on firms’ economic decisions in Italy.…
Lyft Wants Investors to Know It’s the ‘Better…
A vehicle sits parked outside the Lyft Inc. driver hub in Los Angeles, California, U.S., on Monday, Nov. 13, 2017. Lyft Inc. has gained significant ground on its rival, Uber Technologies Inc., and is expected…