PERRY G MEHRLING
One stop shopping for all things "money view"
Current Blog
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Bernanke v. Kindleberger: Which Credit Channel?
In the 1983 paper cited as the basis for Bernanke’s Nobel award, the first footnote states: “I have received useful Read more
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New Lombard Street, Ten Years On
What follows is a Foreword I wrote for the Japanese translation of New Lombard Street, coming out later this year: Read more
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Imagining the AC Economy
April 3, 2020 AC is of course After-Coronavirus, and we need to distinguish short run from long run. In the Read more
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A Money View of the Pandemic
March 26, 2020 If your cash inflows disappear but your cash outflows remain, what do you do? Dash for cash. Read more
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Liquidity Changes Everything
Much has changed in the institutional organization of money markets since Fall 2012 when INET filmed my course “Economics of Read more