Nicolás Cachanosky
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The never-ending Argentine fiscal business cycle
15 years after carrying out the biggest sovereign default in its history, Argentina finally reached a debt accord with its holdouts. The agreement between Mauricio Macri’s administration and the holdout […]
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Juan C. Cachanosky (1953 – 2015): See you on our next morning walk
These are likely the most difficult lines that I have had to write in a very long time, if not ever. Juan Carlos Cachanosky, my dad, passed prematurely on December 31st, 2015, […]
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Taylor, Sumner and Selgin at the Cato Monetary Conference
In this post I want to briefly comment on three points raised by J. B. Taylor, George Selgin, and Scott Sumner. Though these points have been raised before in the […]
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More insights from the Cato Monetary Conference
In this post I would like to briefly comment on three points raised by J. B. Taylor, George Selgin, and Scott Sumner. Though these points have been raised before, they […]
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Cato Monetary Conference: a reflection on James Bullard
Last Tuesday, the 33rd annual Cato Monetary Conference was held at the Cato Institute in Washington, DC. There, brilliant minds met and presented on various interesting topics. I will briefly comment on […]
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Prudential banking versus real bills doctrine
Should banks adhere to the Real Bills Doctrine (RBD)? This is an old question that, from time to time, resurfaces. So what then is a real bill? A real bill […]
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Financial bubbles and macro prudential policy
In the field of monetary policy, there is one question that must necessarily be addressed: what should a central bank do in light of a financial bubble? Should it try to […]
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Raising interest rates: The Fed vs. The Treasury?
In its latest meeting, the Federal Open Market Committee (FOMC) decided to not increase the Federal funds rate target, extending the lower zero bound policy until at least their next […]
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Why NGDP targeting?
One of the most important questions in the field of monetary economics is “what should a central bank do?” It is only after this question is answered that one can […]
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Currency boards and dollarization
Sometimes sound money has to be imported from abroad. Some countries, like Ecuador, are dollarized. Ecuador dollarized its economy in the year 2000. Others countries don’t go that far, but […]
