JEFFREY FRANKEL ON AMERICAN ECONOMIC POLICY
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Obamanomics Watch, 2009 Recession Watch, 2008 Articles on Domestic American Political Economy Op-eds & Speeches on American Economic Policymaking 2001-09 US International Economic Policy |
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"Banks,
Bailouts and the Obama Plan,"
On Point, NPR, March 23, 2009 "President Obama Unveils US Budget," BBC, How he will slow spending? Feb.27 |
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"Frankel
sees long, slow recovery of US labor market," Bloomberg TV,
July 2 |
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How
The Recession Compares To Other Downturns, All Things Considered,
NPR, Dec. 2 |
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Frankel Sees China Plan Helping Global Economy, Bloomberg, Nov.
10
Recession Uncertain, Says NBER Economist, MoneyNews.com, Aug. 28, 2008 Recession probability going up, Bloomberg TV, March 7, 2008 Rare praise for the President: "Bush Seizes on Stimulus," Bloomberg news, Jan.28 Glen Beck disagrees, CNN Headline News, TV, January 2, 2008, “Rich-Guy Populism – Glenn Beck” Nov. 2 , 2009. |
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Articles on Domestic American Political Economy
“Snake-Oil Tax Cuts,” Economic Policy Institute, Briefing Paper 221. Presented at panel on The Economics, History, and Public Debate of Supply-Side Policies at Center for American Progress, Washington, DC, Sept.12, 2008. HKS RWP 08-056 [Cited in "Financial crisis: the latest blow to free-market 'dogma'," D.Francis, Christian Science Monitor, Oct. 6, 2008. And J.Sullivan 9/11/08.]
"Responding to Crises,"
for 24th
Annual Monetary Conference,
Cato Institute;
slides. In Cato
Journal 27,
no.2,
Spring/Summer 2007,
pp.165-178.
KSG
RWP07-010.
What Can an Economic Adviser Do When
He Disagrees with the President?",
Challenge, 46, no. 3, May/June 2003,
pp.1-24.
Republican and Democratic Presidents
Have Switched Economic Policies,” Milken
Institute Review.
vol. 5, no.1, 1st Quarter, 2003, pp.18-25.
[Lawyer John Dean
apparently agrees, Feb. 28, 2008.]
Op-eds & Speeches on Developments in American Economic Policymaking
2001-09

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“How do we know this will not be another Great Depression?” Lessons from the Current Crisis, Belfer Center Economics Seminar Series, HKS, May 4, 2009. slides
"The Financial and Economic
Crisis,"
slides: Harvard,
Feb.12,
April 29, 2009;
Wellesley, Mar. 26 ; BSAS
June 25, 2009. "The
revised TARP plan should have passed," September 29, 2008.
On Point,
NPR. “Thinking about Risks Ahead of Time,” 1-page comment for FT.com Forum, on Martin Wolf 's column, “Risks and Rewards of the World Economy’s Golden Era,” Financial Times, May 2, 2007. |
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[Quote
on Naomi Klein's
The Shock Doctrine: The Rise
of Disaster Capitalism,
Toronto Star, Oct. 6, 2007.]
“Is
the Debt Important?” slides, New England Republican Council
Issues Conference, Boston, April 2007."Looking
forward in policy-making, versus looking back,"
1-page comment for
FT.com Forum, on
Larry Summers
column
"As America falters, policymakers must look ahead,” in
the Financial Times, March 26, 2007.
“What Do Economists Mean by Globalization? Implications for Inflation and Monetary Policy,” Oct.4 draft; for Academic Consultants Meeting, Board of Governors of the Federal Reserve System, Sept. 28, 2006. Slides with graphs. To be published in Economic Integration - Global Experience, The Icfai (Institute of Chartered Financial Analysts of India) University: Hyderbad; expected date: October 2007.
"The Economic Outlook and the Twin Deficits," Boston Economic Club, May 24, 2006. Earlier versions were presented at The Columbus Group, Harvard University, Feb.; an Ambrosetti meeting, Villa d’Este, Italy, March; and the Economic Advisory Panel Meeting of the Federal Reserve Bank of New York, April; and the Real Estate Academic Initiative, at Harvard University, April 19, 2006.
“How disruptive would $80-$100 oil be to the US and global economies?” April 2006, question for The International Economy.
"As a Budget Storm Gathers, Bush Ignores Fiscal Forecasts," in The Forward, Sept. 16-22, 2005. Translated into Japanese in SAPIO magazine, Oct. 12, 2005, Tokyo.
"What Can An Economic Adviser Do When the
President Adopts Bad Economic Policies?"
The Pierson Lecture, Swarthmore College,
Apr. 2005.
.
Incl. tribute to Bernie
Saffran.
"The Wrong Approach," Jeffrey Frankel and Jessica Stern, The Baltimore Sun, Oct. 29, 2004. Pg. 17A.
"A Debate on the Deficit," Challenge, Nov. 2004, pp. 12-45. Reprinted as Chapter 13, The Political Economy of the Deficit, in The Means to Prosperity: Fiscal Policy Reconsidered, edited by Per Gunnar Berglund and Matias Vernengo (Routledge, NY), 2006, pp.255-286.
"Ten Defenses for Irresponsible Tax Cuts, and Why They are Wrong," panel on The Budget Deficit and the American Economy: How Much Does the Deficit Matter? What Should Be Done? with Richard Darman, Glenn Hubbard, and Alice Rivlin, Kennedy School of Government, April 30, 2004.
"It's a Tough Job to Create Jobs," Washington Post Outlook, Sunday, April 11, 2004.
[Interview Clip on Taxes and the 2004 Presidential Election.]
"The Jobless Recovery," The Forward, December 19, 2003 (downloadable). - Final Published (.html) version
“Lessons from Recent US Economic Policy,” from Economics for An Imperfect World, presented at Joe Stiglitz’s 60th Birthday, Columbia Univ., Oct. 2003.
A Link Between Bush Tax Policy and Recession?, Oct. 9, 2003
[List of Economists Opposing the Bush Tax Cuts, EPI, 2003]
"What is the White House Trying to Do?" The Forward, June 27, 2003.
[Interview re: June 6 release of figures for highest unemployment rate in 9 years]
When An Economic Adviser Disagrees with the President, Financial Times, March 31, 2003 (.pdf)
"Deficits
and Decades: Lessons
from US Economic Policy in the 1990s," speech at
ICRIER, New Delhi, India, Jan. 15, 2003.
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"Trading Places", Financial Times, September 13, 2002.
"Implications of the 9/11 Attacks: Historical Precedents," presented at Academic Advisory Council, Federal Reserve Bank of Boston, 9/21/01; and BCSIA Board of Directors, Harvard 10/9/01.
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American Economic Policy in the 1990s, edited with Peter Orszag
(MIT
Press: Cambridge MA, 2002).
Introduction.
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Developments in American International Economic Policy
"What’s 'In' and What’s 'Out' in Global Money," Finance and Development, IMF, September 2009, 13-17.
"Global
Crisis," slides, CID, Sept. 14,
2009.
"Global
Financial Crisis," slides, Boston Committee on Foreign Relations,
The Union Club, Boston, May 12.
"The Current Global
Crisis," slides, Cutting Edge in Development Thinking,
Harvard University, May 6, 2009.
"Anatomy of the
Financial Crisis, with comments on Acemoglu, Brunnermeier, El-Erian and Portes,"
slides,
Meeting
of
Commission on Growth & Development ,
at Center for International Development, Harvard, April
20-21, 2009.
"The Global Economic Situation," slides. China Future Leadership Project, Feb. 3, 2009.
“Recession in Advanced Economies: A View from the United States," slides, The Bellagio Group, Toronto, Jan. 30, 2009.
"The
euro is a credible challenger to the dollar in the wake of the financial crisis
of 2008." CQ Global Researcher, vol. 2, no. 10, Oct. 2008,
p. 287.
["Is
the Dollar Doomed?," Time magazine, Apr. 06, 2009]
"The Twin Deficits Are Back!" Fidelity Investments, May 5, 2008. Slides.
Comment on “How Long Can the Unsustainable US Deficit Be Sustained?” by C. Bertaut, S.Kamin & C.Thomas, Conference on Global Economy in Balance, U.Wisconsin, May 2, 2008.
“Why
the Euro Will Rival the Dollar”
(with Menzie Chinn),
International Finance (Blackwill Publishers), 11, no. 1, 2008, 49-73.
Serbian translation,
Panoeconomicus, vol.55,
no. 3,
2008, 255-78.
Revised version of “The Euro May Over
the Next 15 Years Surpass the Dollar as Leading International Currency."
RWP08-016 and NBER
WP 13909 .
“Getting
Carried Away: How the Carry Trade and Its Potential Unwinding Can Explain
Movements in International Financial Markets,” Nov. 2007.
Version edited (no footnotes or
references) for the
Milken Institute Review,
1st Quarter, 2008 .
“Eight
Reasons We Are Given Not to Worry About the US Deficits,” Working Paper No.
58, 2009, Commission on Growth and Development, chaired by
Michael
Spence.
Originally written for workshop on Global Trends and
Challenges, Yale University, Sept. 2007, as
“Nine Reasons We Are Given Not
to Worry About the US Deficits,”
“Nine Reasons
You Have Heard Why We Are Not Supposed to Worry About the US Deficits,”
Powerpt
slides, World Economic Outlook Conference,
Global Insight, Boston, Oct. 30,
2007.
["Debtor
Nation" J. Shaw, Harvard Magazine
July/Aug. 2007, pp. 40-48, with JF quotes.]
["Falling
Dollar," Martin Wolf's Financial Times column, and JF comments thereon,
Economists' Forum, FT.com, Dec. 6, 2006.]
“Global Imbalances and Low Interest Rates: An Equilibrium Model vs.a
Disequilibrium Reality," rev. Dec. 2006 Comments in response to
the paper (AER 2008)
by R.
Caballero
,
E. Farhi & P. Gourinchas,
BIS
Working Paper 222, December 2006, BIS Annual Research Conference, Brunnen, Switzerland, June 19-20, 2006
. KSG RWP06-035.
Abstract,
[JF quote in "Two Deficits, Fed Turnover ," The New York Times, International, Feb. 2, 2006]
"Could the Twin Deficits Jeopardize US Hegemony?" in Twin Deficits, Growth and Stability of the US Economy, Special Issue of Journal of Policy Modeling, edited by Dominick Salvatore, vol. 28, no.6, Sept. 2006, pp. 653-663.
What's Ahead: Decade of the Dollar, the Euro, or the RMB?" Eurobank, Athens, Greece, June 21, 2005.
"The Dollar and the Deficit: Is a Crisis Looming?" Spring Conference, KSG, Harvard University, May 14, 2005. slides
“Will the Euro Eventually Surpass the Dollar as Leading International Reserve Currency?” (with Menzie Chinn), Newport, RI, June 1-2, 2005. NBER Working Paper 11510. In G7 Current Account Imbalances: Sustainability and Adjustment, edited by Richard Clarida (University of Chicago Press: Chicago), 2007.
"Back
to The
Twin Deficits," Notes presented at Bellagio Group,
Amsterdam, Jan.
20-21, 2005.
Written
up for
The
Analyst, Harvard Investment Quarterly, May 7, 2005.
"Twin Deficits and Twin Decades," presented at a conference held by the Federal Reserve Bank of Boston, at Wequassett, June 2004. In The Macroeconomics of Fiscal Policy (MIT Press: Cambridge MA), edited by Richard Kopcke, Geoffrey Tootell and Robert Triest, 2006, pp. 321-335.
"The Flubbed Opportunity for the US to Exercise Global Economic Leadership". Published as "Bush's Spectacular Failure" [not my choice of title!] in The International Economy, XVIII, no. 2, Spring 2004.
"Economic Advantages of America," delivered at Schloss Schönbrunn,Vienna, Austria, 16 May, 2001; and Dublin Castle, Dublin, Ireland, 7 June, 2001
Page last modified: 11/05/2009 01:26:02 PM