PERRY G MEHRLING
One stop shopping for all things "money view"
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
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
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
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
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