What caused Brazil’s recession? (Hint: It wasn’t just mortgage debt)
Banking reforms, capital inflows, and social programs—along with growing household debt—all contributed to the bust.
CBR Briefing #15
Trump supporters say they’re optimistic—but they’re not spending
Election results create a partisan gap in economic sentiment, but it doesn't translate to spending.
Credit shocks boost economies, but beware the fall
One of the last major efforts to deregulate banking proved quite successful for some states in the short run, but these same states were later hurt by the effects of the regulatory easing.