Antonio Fatas | TalkMarkets | Page 1
Professor of Economics at INSEAD
Antonio Fatás is professor of Economics at INSEAD. He received his PhD in Economics from Harvard University. He is a Research Fellow at the Centre for Economic and Policy Research in London and has worked as external consultant for international organizations such as the International ...more

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Stock Market Getting Cheaper (Relative To Bonds)
Several indicators are signaling an increase in the probability of a recession. Most of these indicators are variables that have shown to be statistically leading the recession but they cannot always be seen as the cause of one.
Redefining Money In A Digital Age
Economics textbooks use a definition of money as an asset that can be used as a means of payment, that constitutes a unit of account and serves as a store of value.
Libra: Not A Currency Board And (Maybe) Not A Stable Currency
In the absence of a proper fixed exchange rate and a credible mechanism to maintain it, Libra looks more like a standard flexible exchange rate currency. Its stability will depend on its credibility.
This Time Might Not Be Different
Statistical patterns suggest that a recession is imminent. Can this time be different because large imbalances are not present? Maybe. But let's not forget the previous times when we did not see the size and implications of the ongoing imbalances.
The 2020 (US) Recession
All cycles display a V-shape evolution for unemployment. Unemployment reaches its lowest point around 12 months before the recession and, in most cases, unemployment is already increasing in the months preceding the recession.
How Low Is Low For Chinese GDP Growth?
The deceleration in the Chinese economy over the last decade has raised concerns about the sustainability of the Chinese economic "miracle".
Global Rebalancing
Prior to the Global Financial Crisis, the world economy experienced a period of increasing global imbalances where a group of countries saw their surpluses increase rapidly while, on the other side, a group of countries increased their deficits.
Digital Money And Payments
New technologies in the financial sector are opening the door for potential disruptions: cryptocurrencies, M-Pesa, WeChat...
Is The Great Moderation Back?
The "Great Moderation" was a term used to describe the reduction in business cycle volatility observed in several advanced economies.
Lost Decades: Italy 3 - Japan 0
The last decade has not been good for many advanced economies. The Global Financial Crisis, a second recession in the Euro area and central banks hitting the zero lower bound have led to disappointing GDP growth rates.
It's A (Low Inflation) Trap!
Mark Carney did his best yesterday to justify the decision of keeping interest rates at 0.5% at the same time that it was promising that the economic momentum will be regained and that interest rates will have to rise soon.
The Shrinking (US) Risk Premium
As the US stock market continues to climb and reaches "record-high" levels, questions on overvaluation and bubbles become more common.
The Narrative Of High Debt And Powerful Central Banks
In 2017 GDP growth picked up solidifying a global expansion phase that had previously been slow and erratic.
Make The Risk Premium Small Again
Since the election, the stock market has gone up and interest rates have gone up as well. How do stock market valuations look like today?
The OECD Pro-Cyclical Revision Of Fiscal Policy Multipliers
The OECD just published its November 2016 Global Economic Outlook. Their projections suggest an acceleration of global growth rates, particularly in countries with plans for a fiscal expansion.
The Stock Market Looks Cheap
How expensive is the US stock market? Some investors fear that recent stock market record levels are a sign that this is the biggest bubble ever.
1 to 16 of 30 Posts